TMT & Consumer Independent Equity Research Analyst, Obex Capital Research

Aaron Gabin

I have over 20 years’ experience investing in the TMT and Consumer sectors, almost entirely on the buyside. Started at Bernstein covering software in 2001, moved to the buyside at Government of Singapore Investment Corporation (GIC) in 2003, covering hardware, software, and media. 

After getting an MBA at NYU in 2008 and a CFA, I spent 8 years at Coburn Ventures (a market neutral TMT/Consumer hedge fund). In 2015, I joined Deimos Asset Management, a low net multi-strat, where I managed a  TMT/Consumer portfolio.

I've spent the past few years at Obex Capital Management providing independent investment research to TMT and Consumer investors.

TMT & Consumer Independent Equity Research Analyst

Roblox 4Q21: Metaverse or Optical Illusion?

Roblox 1Q22: Acceleration Coming, But How Much?

Roblox: If Its in the Game, Its in the Game

Roblox 2Q21: The “Other Metaverse” Company

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

TMT & Consumer Independent Equity Research

Obex Capital Research

“Obex” is Latin for Barriers to Entry. Obex Capital Management’s investment philosophy is driven by an intense focus on which business model’s Barriers to Entry are able to withstand the ever increasing competitive disruption in the TMT and Consumer Sectors.

Equity Bottom-Up

<ul>
<li>Roblox is early days in so many new TAMs: advertising, music, commerce, education.</li>
<li>The advertising opportunity is enormous, given the amount of hours spent on the platform, one can easily see Roblox building a $2B+ ad business.</li>
<li>Roblox is still early in building out the infrastructure to support many new forms of monetization, and they are doing so in a thoughtful fashion.</li>
</ul>


Roblox is early days in so many new TAMs: advertising, music, commerce, education.
The advertising opportunity is enormous, given the amount of hours spent on the platform, one can easily see Roblox building a $2B+ ad business.
Roblox is still early in building out the infrastructure to support many new forms of monetization, and they are doing so in a thoughtful fashion.


ROBLOX

Roblox Analyst Day: TAM Unlimited