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Nikhs

Platform
Substack
PricingOnly free issuesPublishesDaily
Issues243Founded2 years agoLast Issue9 days ago
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Latest Issues

MongoDB Is in the Wrong Drawer

TL; DR

  • MongoDB may be in the wrong valuation category. Atlas is not primarily paid per seat; it gets paid for reads, writes, storage and compute. If agents create more machine work, MongoDB can benefit from the very force hurting t...
9 days ago
3

Micron 4QFY26: Selling the Cycle Forward

TL; DR

  • Micron has converted scarcity into unusually strong forward visibility: strategic agreements now cover an estimated 35%+ of revenue through 2030, financial commitments reached $32 billion, and more than 75% of FY27 output is...
14 days ago
3

Facebook Home, Done Right

TL; DR

  • The key shift is from communication to execution: Meta already creates the introduction and hosts the conversation between customers and businesses. Agents could reduce the work that still sits between an enquiry and a comple...
17 days ago

On Holding: The Missing Discount

TL; DR

  • On has done something unusual in footwear: it scaled from CHF725 million to CHF3.0 billion while raising gross margin from 52% to 65% and largely avoiding the markdown cycle that has historically destroyed challengers. Pasted...
21 days ago
2

Oracle’s 1QFY27 Earnings: What Oracle Gets to Keep

TL; DR

  • The funding model has changed materially: customer prepayments with a significant financing component rose to $11.4 billion in Q1, helping fund a massive infrastructure build without making Oracle economically capital-light....
a month ago
2

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