Source Of all the IPOs from 2021, there’s something about Coupang that makes me want to keep an eye on it. I don’t have a position and admittedly Coupang is not a business I understand enough to own. Some people get confused when I say I don’t “understand” a business — I know what Coupang does, but what I “don’t understand” is what the economics look like in 5 years, and that alone makes it a no-go for me. It doesn’t mean that I can’t get there, and writing posts like these may actually help.
Coupang: The Amazon of South Korea?
Coupang: The Amazon of South Korea?
Coupang: The Amazon of South Korea?
Source Of all the IPOs from 2021, there’s something about Coupang that makes me want to keep an eye on it. I don’t have a position and admittedly Coupang is not a business I understand enough to own. Some people get confused when I say I don’t “understand” a business — I know what Coupang does, but what I “don’t understand” is what the economics look like in 5 years, and that alone makes it a no-go for me. It doesn’t mean that I can’t get there, and writing posts like these may actually help.