I am long on Planet. Averaging at about 2.7. Will add more to do DCA. Plan to allocate 10% of my portfolio at least and for 10 years at least. Great article.
Thanks for the thesis. Some questions to reflect over.
1. Why will nobody else be able to replicate planet labs? How many sattelites do they own and how old are they? The whole world is launching roughly 1000-2000 satellites a year into orbit. And each few years they should improve vastly according to Moore's law. So if company B starts to launch sattelites in the coming years that can produce 2x the amount data at the same price, Planet labs would be in trouble.
2. Are their satellites used for anything else or only data collection?
3. Do they have protective measures, such as patents or other barriers?
4. Any idea of the magnitude of TAM? 1B, 10B, 1T?
These questions are there to answer if Planet Labs is filling a vaccum of demand that nobody else can or with a lot of barriers, fast enough for us to make market beating returns. Cheers
How likely do you feel hitting management's target of a positive adj EBITDA quarter by YE 2024 is? Assuming +EBITDA in Q4 2024, do you think it is plausible they get to FCF positive by Q4 2025?
I am long on Planet. Averaging at about 2.7. Will add more to do DCA. Plan to allocate 10% of my portfolio at least and for 10 years at least. Great article.
Thanks for the thesis. Some questions to reflect over.
1. Why will nobody else be able to replicate planet labs? How many sattelites do they own and how old are they? The whole world is launching roughly 1000-2000 satellites a year into orbit. And each few years they should improve vastly according to Moore's law. So if company B starts to launch sattelites in the coming years that can produce 2x the amount data at the same price, Planet labs would be in trouble.
2. Are their satellites used for anything else or only data collection?
3. Do they have protective measures, such as patents or other barriers?
4. Any idea of the magnitude of TAM? 1B, 10B, 1T?
These questions are there to answer if Planet Labs is filling a vaccum of demand that nobody else can or with a lot of barriers, fast enough for us to make market beating returns. Cheers
How likely do you feel hitting management's target of a positive adj EBITDA quarter by YE 2024 is? Assuming +EBITDA in Q4 2024, do you think it is plausible they get to FCF positive by Q4 2025?