Considering moat is important here. Does Westwing have a moat and if so, is it widening?
Criteria:
- network effect
- switching costs
- cost advantage
- great scalability
- optionality
- intangibles (brands, patents etc)
The valuation does seem attractive and I believe it’s a great marketplace. However, I am not sure how wide its moat is..
Plus, what is their counter-positioning to something like PINS? (as they could easily create something similar)
Criteria:
- network effect
- switching costs
- cost advantage
- great scalability
- optionality
- intangibles (brands, patents etc)
The valuation does seem attractive and I believe it’s a great marketplace. However, I am not sure how wide its moat is..
Plus, what is their counter-positioning to something like PINS? (as they could easily create something similar)
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3Yr
@ACSterling the moat is building up. If the moat was already there, we wouldn't talk about below 33 euros right now. So, it is all about betting if this company is going to get there or not.
Two things are also very important for me. One is Playstore ratings (4.8) and other one is Glassdoor employee ratings (4.2)... Beside everything else, these two things also signal me positivity...
I think PINS can do what Instagram is doing for great range of products (e-commerce infrastructure) but the advantage of Westwing is that, they invest on tech only for home decoration, home products and customize their platform accordingly.... İI you use their app and have a look from customer point of view, you can maybe say more about the experience... What I have seen in their app, smooth and very user friendly. The experience is also unique. I think they are clearly undervalued. Of course in long term...
Two things are also very important for me. One is Playstore ratings (4.8) and other one is Glassdoor employee ratings (4.2)... Beside everything else, these two things also signal me positivity...
I think PINS can do what Instagram is doing for great range of products (e-commerce infrastructure) but the advantage of Westwing is that, they invest on tech only for home decoration, home products and customize their platform accordingly.... İI you use their app and have a look from customer point of view, you can maybe say more about the experience... What I have seen in their app, smooth and very user friendly. The experience is also unique. I think they are clearly undervalued. Of course in long term...
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@Sedo wow the two mentioned ratings are indeed very strong.
I should try out the app to get some insights into its uniqueness. Thanks!
I should try out the app to get some insights into its uniqueness. Thanks!
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