Dear, i was trying to find a way to dm you, as i was talking to fritz. Actually i wanted to hear some of your thoughts on freee. I was thinking of taking a sizeable position in them, as i think they will have very big margins, and are quite unrivaled?
Hi Chris, thanks for reaching out. We like Freee a lot. There is a great long-term growth opportunity for this company. They have a solid management team and should be able to enjoy high margins at scale. They do have serious competition from Money Forward - very similar businesses - but the market is big enough for both to succeed.
Why is Baycurrent an innovator? Aren't they just a digital consulting firm?
Yes, you are correct. Bay Current are like Accenture. It’s on the list as it facilitates DX in Japan. Worth keeping an eye on.
Dear, i was trying to find a way to dm you, as i was talking to fritz. Actually i wanted to hear some of your thoughts on freee. I was thinking of taking a sizeable position in them, as i think they will have very big margins, and are quite unrivaled?
Hi Chris, thanks for reaching out. We like Freee a lot. There is a great long-term growth opportunity for this company. They have a solid management team and should be able to enjoy high margins at scale. They do have serious competition from Money Forward - very similar businesses - but the market is big enough for both to succeed.