Vested's Podcast, Episode #26: Super Apps & Grab
by Vested Finance
Welcome to the Vested Finance podcast!
In this session, we will be discussing what constitutes a super application or super app. These are the apps that strive to be the operating systems of our lives. We dive into super app operator Grab as well as its founding history and business model.
Date uploaded: June 22th, 2021 (IST)
Co-hosts: Darwin Arifin & Gabe Tamez
Show Notes:
(1:12) Examples of different apps that exist and their use cases
(2:06) Criteria for being deemed a “super” app
(4:00) Super app dominance in Asian countries
(5:04) A brief history of Grab and its competitor Gojek
(7:37) A dive into Grab’s financials and business operations
(9:35) Notable trends in Grab’s business model. The importance of digital payments
(11:40) A business overview of SouthEast Asia versus China
(13:50) Comparing Uber and Grab’s average revenue per user
Click here to access Vested’s blog post on super apps and Grab.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing the data behind investing in IPOs and whether or not it is recommended for investors. We also discuss Coinbase’s recent IPO and provide a breakdown of the company’s strategy.
Date uploaded: June 15th, 2021
Co-hosts: Darwin Arifin & Gabe Tamez
Show Notes:
(1:44) The returns equation
(5:08) Navigating hype, valuation changes and narratives for new IPOs
(5:52) Returns data for new IPOs going back 40 years
(8:30) Breakdown of investing in small IPOs
(9:02) Silver lining of investing in large, tech IPOs
(10:10) Coinbase's IPO and stock performance
(11:18) The vertically integrated model for Coinbase
(14:49) Service and recurring revenue breakdown
(18:57) Risks associated with investing in Coinbase stock
(21:38) Asset class risk and regulation of Bitcoin and other crypto-assets
Click here to access Vested’s blog post on investing in IPOs
Click here to access Vested’s blog post on Coinbase's strategy analysis
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about Roblox's IPO and the vertical gaming social media arena. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 17th March 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:47) To quote Reed Hastings...
(1:10) Active entertainment > Passive entertainment
(1:36) Patience is a virtue
(2:15) Direct listing > Traditional IPO
(2:37) What is Roblox?
(3:44) The concept of the metaverse
(5:07) History lesson aside, let's talk $$$
(5:47) Speaking of $$$, how do Roblox's army of developers earn money?
(7:45) DAU: On metrics and the like
(8:27) How engaged are Roblox's users?
(10:14) Time for a comparison
(10:51) Extending Roblox's grasp
(11:40) Risks: Cost and valuation
(14:34) P.S. Epic vs. Apple
Click here to access Vested's blog post on Roblox's IPO and the vertical gaming social media arena.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about the recent market sell-off and its implications. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 10th March 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:40) The Market Sell-off: What happened?
(1:17) Why has the yield gone up?
(2:45) So, what next?
(3:19) Which areas are the most affected?
(4:20) A stronger US dollar
(6:36) Your attention, please
Click here to access Vested's blog post on the Market sell-off: 10-year US Treasury yield increasing.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about electric cars in relation to smartphones as well as Coinbase's recent IPO announcement. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 3rd March 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:33) Are EVs the new smartphones???
(1:24) ICE: The Gist of Things
(2:59) ICE: Dominated by US, Japan and Germany
(3:21) Building in-house
(4:07) The simplicity of the electric motor
(4:34) The use of contract manufacturers
(6:04) What of the EV's defensible moat?
(6:48) It's all about control
(8:20) The need to create EV software...
(8:44) ...But let's face it, that's a complex and daunting task!
(10:39) A massive opportunity
(11:22) Time for crypto trading
(12:42) Pickaxes...invariably
(13:17) Facing uncertainty and volatility
Click here to access Vested's blog post on Electric Cars as the New Smartphones and Coinbase IPO.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about the trend of digitizing housing transactions and will be covering two key names: Zillow and Opendoor. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 24th February 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:32) Traditional housing transactions create friction
(3:12) Traditional housing transactions create stress
(3:42) The move to eliminate inefficiencies
(4:55) Zillow, Redfin and Opendoor
(6:12) iBuying and the question of making money
(7:06) The Big Two: Opendoor and Zillow
(8:38) Zillow's 3 key segments
(9:50) Why did Zillow transition to iBuying?
(10:31) The Two-sided Marketplace
(11:40) Let's talk unit profitability
(12:53) The Big Prize: US $36 trillion
(14:03) Who will emerge victorious?
Click here to access Vested's blog post on Buying a house online - Zillow and Opendoor.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about Tesla's big gamble with Bitcoin as well as Uber's 2020 earnings. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 17th February 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:42) The Big Leap
(3:18) Bitcoin as a form of payment?
(7:42) All a matter of risk
(9:17) Speaking of risks, let's talk legal
(10:45) ...and if Bitcoin stumbles?
(11:36) Time for Uber
Click here to access Vested's blog post on Tesla's $1.5 Billion Bitcoin Investment and Uber's 2020 Earnings.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will wrapping up our analyses on Q4 earnings, covering namely: Amazon, Facebook and Google. We'll also be doing a comparison on advertising for these companies. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 10th February 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:30) Without further ado...Amazon!
(3:32) Hold your horses! Jeff Bezos is stepping down???
(4:26) Moving on, Facebook
(9:23) Yes, yes, Google did well too (What a "surprise")
(11:49) A comparison on advertising is challenging, to say the least
Click here to access Vested's blog post on Amazon's, Facebook's, Google's Q4 earnings.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking about the GameStop saga, as well as Apple's and Tesla's earnings. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 3rd February 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:30) What of GameStop?
(5:12) Volatility and Retail Brokers don't mix
(7:44) ...then what of the market?
(9:39) All things must come to an end
(10:46) Apple & Feats = A potent mix
(13:53) Speaking of feats, who could forget Tesla?
Click here to access Vested's blog post on the GameStop saga, Apple's and Tesla's earnings.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing Netflix's Q4 2020 earnings announcement and will also do a comparison between two of Netflix's biggest rivals: Amazon and Disney+. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 27th January 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:30) A few key highlights!
(1:38) Positive FCF: So what?
(3:07) "To issue and sell or to choose debt?" That is the question.
(4:53) Positive FCF: How did Netflix get here?
(7:16) Achieving sustainable cash flow
(8:31) Competition: Does it even matter anymore?
(13:21) Disney+: A formidable foe
(14:46) Determining the valuations of Disney+ and Netflix
Click here to access Vested's blog post on Netflix's Q4 2020 Earnings.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In the continuation of our 2-part series on Amazon, we delve into areas such as B2B and B2C, biometric and voice identification, Amazon Pay, Merchant Services, as well as AWS. Some of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 20th January 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:54) First and foremost, B2C
(3:00) Accessing the world through one's palm and voice
(6:12) Amazon Pay
(7:16) How Amazon makes money from payment solutions
(8:10) Merchant Services: SMB & AMEX
(9:34) AWS: The Holy Grail of Cloud
(11:55) More to Amazon than meets the eye
Click here to access Vested's blog post on Amazon - The Everything Store (Part 2).
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
Over the next two sessions, we will be talking about Amazon. The first part includes topics such as the 3rd party marketplace, pharmacy and healthcare, online delivery services, entertainment and the internet. Some of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 13th January 2021
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:32) An epic start to 2021!
(1:13) Room to grow for a titan
(3:45) The 3rd Party Marketplace
(5:31) "Difficulty" is not in Amazon's dictionary
(6:48) Fear is not an option
(7:46) Amazon Care and Amazon Halo
(10:11) Online delivery services
(13:18) Entertainment, Part #1: Audio
(14:32) Entertainment, Part #2: Video
(19:10) Internet...via space???
Click here to access Vested's blog post on Amazon - The Everything Store (Part 1).
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, Darwin Arifin, a co-founder at Vested Finance discusses D2C with Pankaj Naik, Executive Director and Co-Head of Digital and Technology Investment Banking @ Avendus.
On Pankaj: Pankaj is a seasoned banker with 20 years of banking experience. Prior to Avendus, he worked at J.P. Morgan and Merrill Lynch. Pankaj holds an MBA from IIM Calcutta.
On Avendus: Avendus is the leading investment bank for technology deals in India. It has advised tech companies such as Lenskart, Swiggy, Nykaa, BookMyShow, Policybazaar, Ola, Acko, Zenoti, Mettl, to name a few.
Date uploaded: Wednesday, 16th December 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Guest: Pankaj Naik
Show Notes:
(0:18) Who is Pankaj Naik?
(0:53) Everything India: D2C, capital funding surrounding Covid, and the India-China relationship
(1:13) The rise of D2C
(3:14) Compatibility with the D2C model
(5:15) The Digital Middlemen
(8:02) The future of D2C in India
(11:35) Impact of Chinese FDI in India, on the grand scheme of things
(14:21) Startup funding: Adapting to the lockdown in India
(15:55) On raising funds during these tumultuous times
(17:43) For more on Pankaj and his work...
Click here to access the D2C Brands report by Avendus.
Follow Pankaj on...
LinkedIn: https://www.linkedin.com/in/pankaj-naik-b42b2b4/
Twitter: https://twitter.com/pankajrnaik/
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing numerous topics: Banks and non-banks, Affirm's IPO, as well as Ant Group's failed IPO. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 9th December 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:38) More on company IPOs!
(2:27) Starbucks and Role #1: Taking deposits
(3:33) Affirm: The gist of things
(3:54) Affirm and Role #2: Lending
(6:35) Affirm's 3 shareholders
(7:17) Going public equates to doing well, no?
(8:31) And on to Ant Group...
(10:58) Ant: Distancing itself from the banks
(11:40) Collision course
(13:20) Food For Thought: Avoiding the government's wrath
(13:41) Will Ant IPO?
Click here to access Vested's blog post on The Roles of Banks, the Rise of Non-Banks, Affirm's IPO, and Ant's Failed IPO.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing Tesla's inclusion into the S&P, Tesla's market cap versus Berkshire Hathaway's, as well as the EV Bubble. Several of the topics discussed in this podcast are covered in our blog posts (see links below).
Date uploaded: Wednesday, 2nd December 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:38) All things Tesla, plus the rise of the electric vehicle industry
(0:56) The complexities of index inclusion
(2:15) Why do share prices drop, post-inclusion?
(3:53) Tesla vs. Berkshire Hathaway
(5:28) The EV Bubble
(8:04) A valuation that boggles the mind
Click here to access Vested's blog post on Adding Tesla to the SP500 and the EV Bubble.
Click here to access Vested's blog post on SPACs and Electric Vehicle Companies.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing Airbnb's upcoming IPO. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 25th November 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:40) Time to IPO
(2:34) A swift recovery, all things considered
(3:29) What of Airbnb's profitability?
(5:09) Desperate times, desperate measures
(7:40) In good hands
(8:26) Awaiting with bated breath...
Click here to access Vested's blog post on Airbnb's upcoming IPO.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be talking all about vaccines. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 18th November 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:41) A deep sense of frustration
(1:06) Pfizer @ 90%
(2:00) Vaccines 101
(3:57) Is an end in sight?
(6:18) Vaccinating 7 billion people
(8:21) The intricacy of vaccines
(9:23) Logistics, production & investments
(10:30) Supplying developing nations
(10:53) Arriving at herd immunity
(12:48) The inevitability of volatility in shares
(13:49) Cautious optimism may be in order
Click here to access Vested's blog post on the vaccine.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing the impact of the US elections as well as ARPU. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 11th November 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:47) Who else but Biden?
(3:42) What a Biden win entails
(5:14) A lame duck presidency...for now
(6:36) What of executive orders?
(8:43) The question of big tech
(9:25) China and the status quo
(11:37) Amazon and ARPU
(12:03) The goliath that is Google
Click here to access Vested's blog post on the impact of the US elections and ARPU.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing Q3 earnings for Facebook, Apple, Amazon, Microsoft and Google. Several of the topics discussed in this podcast are covered in our blog post (see link below).
Date uploaded: Wednesday, 4th November 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(1:01) A mere scratch to the castle that is Facebook
(3:21) Diving into the cloud gaming fray
(3:54) Facebook's channel strategy
(5:34) Reducing shopping cart abandonment
(6:19) Apple's iPhone woes
(7:14) Apple: Hardware vs. Software
(8:42) What of Amazon?
(10:14) Amazon's overall dominance
(11:43) Battle in the clouds
(12:24) On Microsoft Teams
(13:16) Last but certainly not least...Google
Click here to access Vested's blog post on Q3 earnings for FAAMG.
Blog: https://vested.co.in/blog/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/
Welcome to the Vested Finance podcast!
In this session, we will be discussing Tesla's and Netflix's Q3 earnings announcements, and will cover a short segment on the most profitable companies. A number of the topics discussed in this podcast are covered in our blog posts (see links below).
Date uploaded: Wednesday, 28th October 2020
Co-hosts: Darwin Arifin & Kaihan Lin
Show Notes:
(0:54) Tesla's strongest quarter
(2:14) Tesla in China
(5:28) The all-important topic of the S&P 500
(5:46) Netflix's Q3
(6:55) Obliterating the margins target
(9:03) The Asia Pacific gamble
(10:16) The most profitable companies
Click here to access Vested's blog post on Tesla and Netflix Q3 Earnings and the most profitable companies in the US.
Click here to access Vested's blog post on Netflix's strategy in Netflix's Economic Engine.
Blog: https://blog.vested.co.in/
Facebook: https://www.facebook.com/vestedfinanceco/
LinkedIn: https://www.linkedin.com/company/vestedfinance/
Podcast: https://anchor.fm/vested-finance/
Website: https://www.vested.co.in/