One of the best things I ever did (in 2016) was invest in a fund that focuses on fast-growing businesses. Even asides from the actual performance of that style, this decision has made it much easier to stay emotionally grounded when the market is ripping higher. The benefits of that were extremely obvious this year. …
I’m coining a new phrase, Xinja’s Pivot, to describe “bad-to-worse” changes in business direction. Mark my words, three years from now it’ll be a hall-of-famer alongside Occam’s Razor and Maslow’s Hammer. Neobanking The thing about neobanks is that if you take the fees out of banking, you take most of the profits out too. What’s …
Sezzle Inc (ASX:SZL) is an Australian Buy-Now Pay-Later (BNPL) company. It is domiciled in the US and the majority of its operations are in that country. Underlying merchant sales are approaching a $1bn per year run-rate, which is not large – but not trivial, either. Sezzle has a $1.1bn market cap on $32m in revenue …