Happy Valentine’s Day ❤️😘🥰
Welcome back to our Quo Vadis ShortCast Series. We connected with Mark Zgutowicz, Sr. Analyst at The Benchmark Company, to compare notes on The Trade Desk’s valuation and examine the main question on a lot of investors’ minds:
If TTD appears to be overvalued, what explains the gap between our valuation model and what the market sees?
In other words, if you’re buying the stock at ~$72, and even though your valuation model is very favorable in its assumptions and adjustments, you peg the price at ~$26. What is your thought process? What do you expect in the future that we can’t see? What explains the gap? Let’s get Mark Zgutowicz's astute perspective.
Have a listen. We’ll share updated thoughts after Trade Desk reports Q4 and FY23 on February 15.
April 24: AdTech Economic Forum
SPECIAL EVENT: Quo Vadis teamed up with Beeler Tech — one of the very best event management companies in the adtech/media tech space — to create the AdTech Economic Forum taking place at the fabulous New York Times Center on April 24. This is the most unique event in the space. Don’t miss it.
We conceived the idea to bring AdTech, Economics, and Finance together to create a very unique event modeled after Andrew Sorkin's NYT Deal Summit event. The full-day event covers:
Macro drivers and micro effects across public and private adtech companies.
What’s changing?
What does it mean?
Who wins or loses in the next adtech era?
Great lineup of guest speakers… with more bright minds to come
The event is invite only or apply to attend. Let us know if you want in. Get on the invite list here.
Ask Us Anything (About AdTech)
If you are confused about something, a bunch of other folks are probably confused about the same exact thing. So here’s a no-judgment way to learn more about the programmatic ad world. Ask us anything about the wide world of programmatic, and we’ll select a few questions to answer in our next newsletter.
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Disclaimer: This post, and any other post from Quo Vadis, should not be considered investment advice. This content is for informational purposes only. You should not construe this information, or any other material from Quo Vadis, as investment, financial, or any other form of advice.
#71: Quo Vadis ShortCast Series