EV mania creates an issue for electricity generation. While everyone is getting very excited about the electrification of transportation, no one is worrying where the power is going to come from which is a problem being made even more difficult by the current desire to move away from fossil fuels. I have very little doubt that once the major problems...
A study that misses half the issue Waymo has released a study that extols the ability of autonomous driving to prevent fatalities on the road but as often with these sorts of studies, I don’t think that it is telling the full story. Waymo has published a study (see here) where it recreated the details of 72 fatal crashes that...
China doubles down on semiconductor unreality. While there is no doubt that China is in a better economic condition than most of its rivals its plan for self-reliance in semiconductors has very little chance of succeeding although its plans in AI look far more realistic. These plans were made official at the National People’s Congress last week where a GDP...
D-Wave makes a real(ish) world demonstration. D-Wave has demonstrated that its quantum computer can solve a “real-world” problem and in the process found that it completed the task somewhere between 1m to 3m times faster than a regular supercomputer powered with silicon CPUs would be able to do (see here). This kind of speed is not a new revelation but...
Mapbox reshuffles to go for automotive. Mapbox has moved into a new phase of its development by moving its founder and CEO into the role of chairman and chief strategy officer and promoting Peter Sirota to the role of CEO. At the same time, Mapbox has announced that it will follow-on from its success from landing a partnership with BMW...
Huawei finally hits the wall. After nearly 2 years of ducking and diving combined with superlative execution on the part of Huawei’s management, its dependence on US technology has finally hit home as Huawei is expecting shipments to fall by more than 40% this year. Although, The White House has taken a much softer tone towards China in its commentary,...
Zoom is growing on the back of a declining asset. Zoom reported another great set of results but its success and the ability of its customers to manage through the pandemic has come at the expense of the social capital that corporations have built up over many years. As corporations turn over their employee base, this capital becomes exhausted and...
Airbnb signals the beginning of the recovery trade. Airbnb reported reasonable maiden results but its bookings are starting edge up in another signal that the travel, hospitality and entertainment sectors are about to enjoy a healthy recovery as thoughts turn firmly to re-opening. My personal suspicion is that when the hundreds of millions of prisoners across the world finally emerge...
Epic adds the EU as the next theatre of war. Epic has filed an antitrust complaint against Apple with the EU in what is a natural extension of this dispute as the EU has a long history of being more accommodating to plaintiffs in antitrust matters than other jurisdictions. Epic’s case is a fairly simple one and is in line...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Roblox – Cash flow mirage
Long term prospects but wait for a dip. Roblox has the potential to morph into something far more interesting than it is today, but a large cash flow crunch when growth slows down may allow the long-term value investors to get their positions at a much lower level. At $38bn, Roblox is expensive but not in the same league as...