RT KP 🐍 (@0xkp__)We've probably peaked in alt tge valuationsAlthough permissionless liquidity events are a feature not a bug of our industry, market has learned it incentivizes the wrong behavior which is1) pushing of a token (public liquidity event) way too early in a business's life2) massively over compensating lack of fundamentals with narrative3) running unnecessary raises with artificially long lockups to juice the public offering val (launch high with no supporting fundamentals at a cyclical opportun ...

Which MLS team had the highest valuation in 2025? https://t.co/x8CPwEtTEl https://t.co/x8CPwEtTEl ...

Jack Clark是最关注和熟悉中国在芯片、计算和模型上进展的AI Lab领导人之一。他毫不吝啬对中国AI进展的认可，将DeepSeek R1视作"推理模型大范围 扩散"的起点，近期又把HyperHetero使用的异构集群叫做通过"超级智能进行持续自我训练"的垫脚石。 同时，他是美国的AI政策"民间沙皇"，曾是OpenAI的政策口负责人，现在是Anthropic的联合创始人，他对中国异常冷酷和强硬，Dario Amodei在R1出现 后的万字檄文背后就有他的影子。6月25日的华盛顿DC有关算力限制和AI竞争的政策听证会，他也是发言的焦点，为美国遏制中国AI发展设计了详细的5 层战略。 那么，这位记者出身的英文系毕业生是如何进入AI的核心圈？作为一名出生于英国小镇的美国移民，Jack Clark提出对华强硬政策的底层原因是什么？他 的政策理念和具体对华战略的政策建议到底是什么？以AI安全为由推动的对抗性AI政策背后的悖论在哪里？这些都是本文希望回答的问题。 一、Intro：技术必然与社会外部因素互相交织 华盛顿DC的六月，空气已经算湿热。在雷伯恩众议院办公大楼那间镶着深色木板的听证会室里，冷气开得十足，却驱不 ...

i will be raising $30m at a $300m valuation for pre-seedserious inquiries only pls ...

Core Insights - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing the importance of quality and price in investment decisions [1] - The portfolio has evolved over time, transitioning through various industries including telecom, banking, technology, and emerging markets, with a current emphasis on high-quality businesses [1] - The investment philosophy is influenced by notable investors and CEOs, highlighting the value of learning from successful figures in the industry [1] Investment Strategy - The approach prioritizes companies with large user bases and extensive content libraries, recognizing the potential for cross-selling opportunities [1] - Valuation is conducted at the EBIT plus R&D level, reflecting a belief in the significance of certain R&D investments [1] - The investment performance from February 2019 to October 2024 shows an annual return of 11.4% CAGR, which is below the market's 15.18% CAGR, indicating a need for improved future performance [1] Portfolio Management - The strategy aims to minimize portfolio turnover, with a focus on holding existing investments rather than frequent buying and selling [1] - The philosophy rejects traditional "Buy" and "Sell" recommendations, advocating for a "Strong Buy" threshold for exceptional businesses and categorizing others as "Strong Sell" to free up capital for new opportunities [1] - A "Hold" position may be initiated for high-quality businesses if their pricing is not favorable, indicating a flexible approach to investment management [1]

Company Performance - Univest (UVSP) shares have increased by 13.5% over the past month, reaching a new 52-week high of $32.77 [1] - Year-to-date, Univest has gained 10.8%, outperforming the Zacks Finance sector's 9.9% and the Zacks Banks - Northeast industry's 2.7% [1] Earnings and Revenue Expectations - Univest has consistently beaten earnings estimates, reporting EPS of $0.77 against a consensus estimate of $0.64 in its last earnings report [2] - For the current fiscal year, Univest is projected to achieve earnings of $2.78 per share on revenues of $317.21 million, reflecting an 11.2% increase in EPS and a 6.01% increase in revenues [3] - For the next fiscal year, earnings are expected to rise to $2.96 per share on revenues of $341.55 million, indicating year-over-year changes of 6.47% and 7.67%, respectively [3] Valuation Metrics - Univest's current valuation metrics show a Value Score of B, a Growth Score of C, and a Momentum Score of A, resulting in a VGM Score of B [6] - The stock trades at 11.8X current fiscal year EPS estimates, which is above the peer industry average of 10.8X, and at 11.6X on a trailing cash flow basis compared to the peer group's average of 11.4X [6] Zacks Rank - Univest holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [7] - The recommendation suggests that investors should consider stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, indicating potential for Univest shares in the near future [7] Industry Comparison - SB Financial Group, Inc. (SBFG) is a notable peer with a Zacks Rank of 2 (Buy) and a Value Score of A, alongside a Growth Score of C and a Momentum Score of C [8] - SBFG is expected to post earnings of $2.03 per share on revenues of $64.8 million for the current fiscal year, having beaten consensus estimates by 5.00% last quarter [9] - SBFG shares have gained 6.8% over the past month, trading at a forward P/E of 9.49X and a P/CF of 8.3X [10]

Core Viewpoint - Sea Limited has made a significant recovery after a challenging 2022, returning to profitability and showing renewed momentum across its e-commerce, gaming, and fintech segments, although competition is intensifying in the Southeast Asian market [1][2]. Group 1: Business Performance - Sea Limited has regained profitability and improved cost discipline, leading to a more than 100% increase in stock price from its lows [2]. - The fintech segment, rebranded as Monee, has become a strong profit contributor with over 28 million active borrowers and a loan book of $5.8 billion, reflecting a growing demand for credit products [10]. - Monee generated $787 million in revenue in the first quarter, a 58% year-over-year increase, with adjusted EBITDA reaching $241 million, up 62% year-over-year [11]. Group 2: Competitive Landscape - Shopee, Sea's e-commerce platform, holds over 50% market share in several Southeast Asian countries but faces increasing competition from TikTok Shop, Lazada, and other regional players [4][5][6]. - TikTok Shop is rapidly gaining traction, particularly among Gen Z users, creating new shopping behaviors that Shopee does not fully replicate [5]. - Lazada, backed by Alibaba, is leveraging its resources in logistics and technology to regain market share, posing a serious threat to Shopee [6]. Group 3: Risks and Challenges - The competitive landscape is becoming more challenging, with Shopee needing to reinvest in logistics and promotions, which could pressure short-term margins [9]. - Monee's rapid growth in lending exposes it to potential risks, particularly as it serves first-time borrowers who may lack formal credit histories [12]. - Regulatory changes in digital lending across Southeast Asia could slow growth or increase compliance costs, similar to past events in China [13]. Group 4: Valuation and Market Sentiment - Sea Limited's stock has rebounded to nearly $150, moving away from its "deep value" phase, with current price-to-sales and price-to-earnings ratios at 5.3 and 106, respectively [14]. - The market is no longer pricing Sea as a broken growth story, indicating that any negative developments could lead to a significant stock price correction [15]. - Investors need to be cautious as the company faces competitive threats, credit exposure, and potential volatility in stock prices [16].

Indian insurers have asked their regulator to revamp bond valuation norms, sources say, a move that could encourage greater participation in the corporate debt market https://t.co/qLFHGU3zsm ...

海外独角兽长期开放开源共创，欢迎在我们这里发布你关于 AI 行业的深度观察与思考，可后台留 言"投稿"联系我们。 作者：程天一 本文为科技评论撰稿人程天一投稿，深入剖析了 Jack Clark——这个在 AI 爱好者中或许并不耳熟能 详，但却是值得中国 AI 社区深入了解的人物。 Jack Clark 是最关注和熟悉中国在芯片、计算和模型上进展的 AI Lab 领导人之一。他毫不吝啬对 中国 AI 进展的认可，将 DeepSeek R1 视作"推理模型大范围扩散"的起点，近期又把 HyperHetero 使用的异构集群叫做通过"超级智能进行持续自我训练"的垫脚石。 同时，他是美国的 AI 政策"民间沙皇"，曾是 OpenAI 的政策口负责人，现在是 Anthropic 的联合创始 人，他对中国异常冷酷和强硬，Dario Amodei 在 R1 出现后的万字檄文背后就有他的影子。6 月 25 日的华盛顿 DC 有关算力限制和 AI 竞争的政策听证会，他也是发言的焦点，为美国遏制中国 AI 发 展设计了详细的 5 层战略。 那么，这位记者出身的英文系毕业生是如何进入 AI 的核心圈？作为一名出生于英国小镇的美国移 ...

Core Insights - Amazon.com has shown a trading pattern stabilizing through the pandemic, fluctuating between $150 to $200 until 2022, and then between $100 to $150 during the rate cut pressures of 2022-23, indicating potential buy and exit points around these figures [1]. Company Analysis - The trading range for Amazon has shifted from $150-$200 to $100-$150, suggesting a more volatile market environment influenced by macroeconomic factors [1]. - The analysis emphasizes a strategy of buying around $100 and exiting around $150, which reflects a tactical approach to capitalizing on price fluctuations [1]. Market Trends - The focus on macroeconomic trends and corporate earnings is highlighted, indicating that these factors are critical in understanding Amazon's stock performance and potential investment opportunities [1].