First - incredible research, insight, due diligence, some of the best I have read on adtech.
Please don't take this as a negative..... but
Why were you so certain TTD would miss Q2 and FY 2022 earnings? Have you changed your opinion?
Why (from last few videos) is Rocco so convinced TTD is so over valued and CRTO is under valued - when over the last 10 years CRTO has pretty much executed poorly in almost every challenge while TTD has grown their business through all the same challenges.
Why / how has CRTO done anything to make you think they can start growing their business / better competing with the likes of TTD?
TTD —The trends in their own data indicated a miss. Given Q2 is tightly correlated to FY results, the data says they’ll miss on FY net revenue. I think the big Q4 question will normal or lowered ad budgets based on where advertisers think the consumer wallets will be.
CRTO/TTD — when it comes to generating past free cash flow, they are not far apart. Yes, they have different growth strategies and TTD’s probably has more risk in it when one really looks at the business.
Like CRTO, TTD is also reliant on a managed service business vs how they position what is a % of media pricing model as SaaS. Investors somehow don’t look or just accept it gospel.
First - incredible research, insight, due diligence, some of the best I have read on adtech.
Please don't take this as a negative..... but
Why were you so certain TTD would miss Q2 and FY 2022 earnings? Have you changed your opinion?
Why (from last few videos) is Rocco so convinced TTD is so over valued and CRTO is under valued - when over the last 10 years CRTO has pretty much executed poorly in almost every challenge while TTD has grown their business through all the same challenges.
Why / how has CRTO done anything to make you think they can start growing their business / better competing with the likes of TTD?
Thanks Tony, much appreciated.
TTD —The trends in their own data indicated a miss. Given Q2 is tightly correlated to FY results, the data says they’ll miss on FY net revenue. I think the big Q4 question will normal or lowered ad budgets based on where advertisers think the consumer wallets will be.
CRTO/TTD — when it comes to generating past free cash flow, they are not far apart. Yes, they have different growth strategies and TTD’s probably has more risk in it when one really looks at the business.
Like CRTO, TTD is also reliant on a managed service business vs how they position what is a % of media pricing model as SaaS. Investors somehow don’t look or just accept it gospel.