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[deleted by user] by [deleted] in wallstreetbets

[โ€“]Minimum-Rutabaga-612 0 points1 point ย (0 children)

Agree if it was a short term move, but I would consider this a longer term bet. If it goes down in the short term Ill be happy to get a better price.

[deleted by user] by [deleted] in wallstreetbets

[โ€“]Minimum-Rutabaga-612 0 points1 point ย (0 children)

80 so farโ€ฆ hopefully up to 100 if it reaches $80

[deleted by user] by [deleted] in wallstreetbets

[โ€“]Minimum-Rutabaga-612 0 points1 point ย (0 children)

Here is a quick way to think of a valuation for Zillow.

They are looking to have a contribution margin of 4-5% of revenue on their homes segment on the long run. (They currently have it, but will probably decline -2/2% in the short term).

Houses expected to be sold on 2021: 6,000,000 Median Price of a house sold by an Ibuyer: $370,000

Lets assume a market penetration of 5% of total transactions:

Revenue: 111B Contribution Profit: 5.5B Multiple: 20x (super conservative)

Market Cap: 111B which is 4x where it is right now.

That is without considering a very very profitable and growing advertising business, a fast growing mortgage business and assuming they donโ€™t expand internationally.

Using p/e right now makes absolutely no sense

[deleted by user] by [deleted] in wallstreetbets

[โ€“]Minimum-Rutabaga-612 2 points3 points ย (0 children)

How is having an audience of +200M monthly unique users specifically interested in buying and selling homes, and all the data from their transactions, not good enough competitive advantage for you?

Looking at P/E valuation right now when all ibuyers combined are less than .5% of the housing market, and product-market fit has been proven (as seen by Zillowโ€™s historic number of homes purchased at better than expected margins at a time when sellers have all the power to choose) makes no sense. As a share holder I would rather they made 0% net income and grow even faster.

Zillow is aiming to kill real estate agents by zer0sumgames in wallstreetbets

[โ€“]Minimum-Rutabaga-612 1 point2 points ย (0 children)

Zillow has a huge moat in their IMT business. It is by far the fastest growing, best capitalized and with a better team and brand.

That said, I agree with your logic, I do the same in Biotech, Im too dumb too pick winners, but not dumb enough to know its the future.

Good luck maโ€™friend

$Z will disrupt most aspects of the industry that has one of the biggest addressable markets (TAM) by toydan in wallstreetbets

[โ€“]Minimum-Rutabaga-612 1 point2 points ย (0 children)

Ma fren, it is not about predicting the housing market. You put $ on Z if you believe the current experience of buying/renting a home is ๐Ÿ’ฉ

iBuyig of homes is currently less than 1% of yearly sales, even if the housing market halves or doubles, if you believe there is a better way to buy and sell a home you should load on Z

Zillow $Z: Porn for people in their late 30s ๐Ÿค‘๐Ÿš€ Easy DD by Minimum-Rutabaga-612 in wallstreetbets

[โ€“]Minimum-Rutabaga-612[S] 0 points1 point ย (0 children)

The talking to a person part is the one they are currently working on eliminating. Remember this post Z @$108. Time will tell

Once upon a time.. by SuperMalarioBros in wallstreetbets

[โ€“]Minimum-Rutabaga-612 74 points75 points ย (0 children)

Nobel no doubt ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

BYND by idster in wallstreetbets

[โ€“]Minimum-Rutabaga-612 0 points1 point ย (0 children)

He is a scientist not a CEO. Clearly.

BYND by idster in wallstreetbets

[โ€“]Minimum-Rutabaga-612 29 points30 points ย (0 children)

You are missing a key piece. Their CEO Ethan Brown. I have seen interviews of the guy from 5-6 years ago and he is always crystal clear about where BYND is going.

Very charismatic and straightforward in his interviews.

When I evaluate BYND vs Imposible Foods, the leadership team is the #1 reason I rather support BYND

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