Adu Subramanian's Blog

 As a part of Berkeley Investment Group, I sometimes pitch ideas into the fund and the process starts with a memo, Thought I would share  Investment Memo Company: Magnite Industry: Digital Advertising Ticker: MGNI Market Cap: 1.026 Billion TTM P/E: N/A Share Price: 9.31 TTM P/S: 5.5x 52 week low & 52 week high: 13.11/4.09 TTM P/FCF: 30.72x Net Debt/TTM EBITDA: N/A TTM EV/EBITDA: N/A TTM EBIT/Interest Expense:N/A TTM Revenue Growth: 16.5% TTM EPS Growth: N/A NTM Consensus Revenue: $201.2 M NTM Consensus EPS:    Business Description ·        Magnite operates a supply-side(or sell-side) ad platform for a variety of industries .    Magnite is the result of a merger between two companies: Telaria and The Rubicon Project. Telaria was a supply side provider for Connected TV and the Rubicon Project was a Supply-Side platform for desktop and mobile advertising. They are the largest independent supply side provider.  T...

Question I have been pondering: Why are Asian-Americans not as victimized as African-Americans? A brief Google scholar search of 'model minority' blasts you with evidence to the contrary of a 'model minority'. Some research  explains the Asian-American prosperity through immigration of highly-skilled labor and loss of systemic racism. It still begs the question: Why did the equalization in wages occur? From the perspective of an Asian-American in the Unites States, there is some truth to the 'myth' Startup idea: Betting on stocks through paper trading: the basic idea is a fantasy stock league similar to fantasy football where you can buy in to a paper trading competition and compete with others on who makes the best stock picks. The thesis is that you don't have to be better than everyone, but rather just your group of people. You can also trade in stocks over different time frames without risking too much real capital. People like to gamble. Period. Hard St...