36 ordspråk av Mark Mahaney
Mark Mahaney
Can you get better at finding what people are really looking for, based on either prior search traffic or something about their interests?
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Even though they may be a seasonal trade, I'm not convinced that the holidays are the reason you want to own online commerce stocks.
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Expedia faces some very challenging industry dynamics right now, and we will have to wait and see whether the new team is up to the task,
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I'm worried about how well they can handle hyper-growth, ... It's very hard to maintain discipline when you're growing that fast.
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In many respects, you've left fundamentals land and have entered expectations land. Fundamentals can improve and the stock can trade off if expectations aren't met.
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It all depends on the top line. That is key. The market is more sensitive to revenue.
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It looks like a very strong beat-and-raise quarter.
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It's purely the earnings numbers. Sentiment was negative going into the numbers, with a widespread expectation there would be a miss -- including us.
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It's tough to get a read on operating expenses in a quarter. There weren't expectations that there'd be a big sales and marketing increase.
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It's very difficult to manage this kind of growth--they hired 800 people last quarter, and when you grow that fast, how do you know that all the people you've hired will be employed as efficiently? Problems inevitably occur when you're ramping up at this rate.
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Major lockups always create turbulence in shares, ... Usually we see a trade-off going into lockups.
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Major lockups always create turbulence in shares. Usually we see a trade-off going into lockups.
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Maybe the market wants to pay that, but I wouldn't want to do that,
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Now we see a clear long-term deceleration trend.
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Sentiment on search has been neutral to negative this quarter. This is a data point that supports the strength in online advertising for the long-term,
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