HubSpot: Large TAM With Visible Growth Catalysts

Core Viewpoint - HubSpot, Inc. (NYSE: HUBS) is positioned for attractive growth over the next two years, driven by a shift to seat-based pricing and AI integration [1] Company Analysis - The investment approach focuses on understanding core business economics, including competitive moat, unit economics, reinvestment runway, and management quality [1] - The emphasis is on long-term free cash flow generation and shareholder value creation [1] Investment Strategy - The analysis is rooted in fundamental research, particularly in sectors with strong secular tailwinds [1] - The goal is to identify businesses with the potential to scale and unlock significant terminal value [1] Author's Background - The author has 10 years of experience in investment banking and is currently managing personal funds, with initial capital from friends and family [1] - The motivation for sharing insights on Seeking Alpha is to provide analytical and accessible investment analysis [1]