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Lewistown Capital

Ryan Seawell

Software investing

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Substack
PricingOnly free issuesPublishesInfrequently
Issues8Founded2 years agoLast Issue24 days ago
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lewistowncapital.substack.com
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Latest Issues

[$UBER] Uber Technologies

Disclaimer: This is not investment advice


Autonomous vehicles (AVs) are coming to Uber soon.*

We’re talking about non-Waymo, US-based, unsupervised (no safety drivers) AVs with large ODDs (operational design domains, or the areas i...

24 days ago
11
3

Operating Leverage as a Source of Market Inefficiency

One source of market inefficiency is margins. Specifically, projecting future margin profiles in cases of extreme operating leverage.

Pat Dorsey, in this talk at Google, explains:

PAT DORSEY: “So when Morningstar initiated on MasterCard...

7 months ago
12
1

Revisiting Veeva

Disclaimers: I own Veeva shares; this is not investment advice


I had a chance to regroup on Veeva over the last few days after writing up the business back in June. Some updated thoughts:

Veeva is going to benefit from AI

“Duh,”...

8 months ago
12

[$MNDY] Monday.com

Disclaimer: This is not investment advice


Monday.com is many things to many people.

It’s a task/process management tool. It’s also a CRM. It has a Dev offering. It has a Service offering. It’s an offering for SMBs, mostly. But it’s...

9 months ago
18
15

[$VEEV] Veeva Systems

Disclaimers: I own Veeva shares; this is not investment advice


Veeva is the global leader in cloud software for the life science industry, serving ~1,500 customers, including ~47 of the top 50 global biopharmaceutical companies.

S...

a year ago
21
4

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