Growth Curve By Austin Lieberman
37 episodes - English - Latest episode: about 2 years ago - ★★★★★ - 24 ratingsLong-term investing in a short-term world. Portfolio updates, company research, and education for long-term investors who don't stare at the market all day.
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Episodes
GitLab Q1 Financial Results
June 09, 2022 13:33 - 11 minutesDisclosure: I am long GitLab. Here is the real-money portfolio I run alongside this newsletter. Growth Curve By Austin Lieberman is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. On Monday, June 06, GitLab (NASDAQ: GTLB) reported Q1 Fiscal Year 2023 Financial Results. I shared my confidence in GitLab in an earnings preview before the report (link). Shares are up 26% after strong results. Quick Takeaways The company ...
Crowdstrike & GitLab Q1 Earnings
June 06, 2022 13:14 - 12 minutesBottom line up front (BLUF): Crowdstrike posted great results and I’m expecting the same from GitLab when they report after the market closes today. I have no intention of trimming either position. Disclosure: I am long Crowdstrike (CRWD) and GitLab (GTLB). Here’s a look at the $10k to $1 million portfolio positions. Follow me on Commonstock (link) if you’re looking for an awesome investment community and research without the bots and trolls of Twitter. Crowdstrike (CRWD) Q1 2023 Results Re...
FREE: Okta Earnings Review. Long-Term Winner?
June 03, 2022 20:41 - 12 minutesIf you listen to the recording, the featured background audio is an original track of my 18-month-old daughter crying. I think you can still hear me just fine. I promise she was okay and was being supervised. No wonder why Elon wants everyone back in the office! Shares of Okta traded up 5% today closing at $98.38. Year-to-date, shares are down 55% and the next twelve-month enterprise value to revenue (NTM EV/R) has dropped from 28 in July 2021 to 7.6 today. That’s a 76% contraction in NTM E...
Gitlab (GTLB) Conference Call Notes (UPST, SHOP, ADBE, TTD, OKTA News)
March 22, 2022 15:05 - 19 minutesHAPPY TUESSSSSDAY Today we’re covering some news stories about Upstart, Shopify, Okta, and The Trade Desk then diving into my notes from GitLab’s (GTLB) earnings call last week. TLDR I was very impressed, opened a position, and tend to DCA in overtime keeping it a “large” position in my portfolio. BUT FIRST This newsletter would not be possible without Commonstock. In my mind, Commonstock is like Twitter without the bots and people trolling you because they think they are the ruler of a...
Weekly Update (March 7 - March 11)
March 11, 2022 22:41 - 12 minutesHappy Friday, Welcome to a different kind of weekly update. I’m not going to talk about the weekly performance of the market or my portfolio. Thinking about that is a distraction from my goal of relentlessly finding, studying, and owning the best companies I can for the next 30 years. I’ll do performance updates once a month (or quarter). Instead, we’re going to cover My current portfolio Any meaningful news from my companies this week What I’m buying with next week’s contributions U...
002 Exact Sciences COVID-Flu FDA Emergency Use Authorization
July 05, 2021 20:14 - 18 minutes - 4.21 MBWelcome to Founder Stock Investing! I spend my week learning about the world’s best founder-led companies and put the best of what I learn into this newsletter to: Save you time Keep you informed about company-related news that matters for investors Share stories about optimism and positivity because technology is making the world a better place Join me on my journey to take the long view and invest with a public venture capital mindset. If you want to be smarter and like investing in th...
Kinsey Grant from Morning Brew Interview: Getting Comfortable Being Uncomfortable
February 04, 2020 18:59 - 49 minutes - 90.6 MBThis week I sit down with Kinsey Grant (Twitter @KinseyGrant) from Morning Brew (@MorningBrew) and the Business Casual Podcast (@bizcasualpod). I asked Kinsey to be on the podcast because I’m a huge fan of what MorningBrew.com is doing to spread business and financial literacy to the masses through educational and FUN email newsletters and now podcasts. You can either play the podcast directly in your browser by hitting the play button at the top of this page or find it on your favorite pod...
Microsoft & Atlassian Earnings - The Force is Strong in the Cloud.
January 30, 2020 16:01 - 8 minutes - 15.6 MBHey Investors.. trying something new. You can consume this update however you’d like. If it’s in your email you can hit play to listen to the audio at the top of the email, or what the embedded YouTube video. The podcast is also available on your favorite podcast player search: “Founder Stock Investing”. Would love for you to subscribe to the podcast, Youtube channel, and/or this email — whatever works best for you. Atlassian’s (TEAM) Q2 FY20 earnings report Microsoft (MSFT) Q2 FY 2020 E...
Microsoft & Atlassian Earnings - The Force is Strong in the Cloud.
January 30, 2020 16:01 - 8 minutesHey Investors.. trying something new. You can consume this update however you’d like. If it’s in your email you can hit play to listen to the audio at the top of the email, or what the embedded YouTube video. The podcast is also available on your favorite podcast player search: “Founder Stock Investing”. Would love for you to subscribe to the podcast, Youtube channel, and/or this email — whatever works best for you. Atlassian’s (TEAM) Q2 FY20 earnings report Microsoft (MSFT) Q2 FY 2020 E...
Last Week's Portfolio Update: +1.57% Up $8,045
October 16, 2019 04:19 - 13 minutes - 19 MBTime got away from me and I couldn’t get last week’s update out last Friday. This week will be a little weird. Today we’re covering last week (week ending October 11th) and on Friday, October 18th, we will be back on schedule. I am considering moving portfolio performance updates to once a month which will give me more time to focus on covering individual companies. Would love to hear your thoughts/preference. Reply to this email and let me know! First a little housekeeping. For some strange...
New Position: Zoom (ZM) @ $101 Per Share
June 24, 2019 12:35 - 14 minutes - 20.4 MBMy experience with Zoom since it became a publicly traded company (since it IPO’d) in April is a great learning opportunity. I have probably displayed every bad investor tendency with this company so far. I just bought 80 shares of Zoom at $101/share for a total cost basis of $8,008. A 1.25% position in my portfolio. Now let’s rewind a take a look at how ridiculous my decision making has been with this company so far. Zoom IPO Day: April 18 Bought 160 shares at $62.50 = $10,000: those sha...
Anaplan First Quarter 2020 Earnings Part 2
June 12, 2019 12:37 - 14 minutes - 20.4 MBYesterday we covered the results from Anaplan’s First Quarter 2020 Earnings Report. Today in Part 2 we will cover management’s prepared remarks and the Q&A from the earnings call. Prepared remarks Frank Calderoni — Chief Executive Officer I like to watch the verbiage and how management communicates to open calls. If we see changes in this tone, I’ll start to dig deeper. We are very pleased with our first-quarter results as it marked a strong start to the year with solid financial and ope...
Anaplan First Quarter 2020 Earnings Pt 1.
June 11, 2019 15:09 - 11 minutes - 16 MBOur Position: I had my eye on Anaplan (PLAN) before it IPO’d (became a public company) but chose not to invest because I was concerned with sales and marketing spend and wondered if the company would be able to grow. So far, they have executed well, proven there is demand for their product, and the stock had increased around 80% since it IPO’d in October before I opened a position. Common investing “wisdom” would caution people from investing after a stock had increased that much in such a ...
Salesforce Buys Tableau and Anaplan & Zoom User Stories
June 10, 2019 13:36 - 12 minutesSalesforce Signs Definitive Agreement to Acquire Tableau This seems like a smart acquisition for Salesforce (CRM) and I think Tableau (DATA) will benefit from it as well. Tableau shares are currently up 33% in pre-market trading which is a nice day for investors. As regular readers know, my entire portfolio is made up of what can be called SaaS/software companies that operate in different markets. I expect this to mean our portfolio will have a great day and maybe even a great week. Howeve...
Salesforce Buys Tableau and Anaplan & Zoom User Stories
June 10, 2019 13:36 - 12 minutes - 17 MBSalesforce Signs Definitive Agreement to Acquire Tableau This seems like a smart acquisition for Salesforce (CRM) and I think Tableau (DATA) will benefit from it as well. Tableau shares are currently up 33% in pre-market trading which is a nice day for investors. As regular readers know, my entire portfolio is made up of what can be called SaaS/software companies that operate in different markets. I expect this to mean our portfolio will have a great day and maybe even a great week. Howeve...
Zscaler Third Quarter 2019 Earnings Pt. 2
June 04, 2019 13:21 - 12 minutes - 17 MBThis is part 2 of my review of Zscaler (ZS) Third Quarter 2019 Earnings. Today we will cover the questions and answer portion of the earnings call. ZS is currently a 7.5% position in my portfolio. We covered the results and prepared remarks in part 1 here. Before we get back into the earnings let’s talk about the last few days in the market and our companies. There’s been a lot of panic and some big sell-offs. This is a completely normal and healthy aspect of investing. In fact, it’s requir...
Zscaler Third Quarter 2019 Earnings Part 1
June 03, 2019 12:40 - 10 minutes - 14 MBHey everyone, There will surely be a lot of headlines in the news today, many will probably negative because that’s what gets clicks but most of the headlines don’t matter. We’re focused on one story today: Zscaler’s Third Quarter 2019 Earnings. Zscaler (ZS) reported earnings on May 30th and they were pretty good. Today we’re going to focus on the prepared remarks to keep this under five minutes, tomorrow I’ll cover Q&A. Our position Number of shares: 439Average purchase price: $51.85C...
Twilio Stock Offering, Short MongoDB and go broke, Zoom Tweetstorm
May 29, 2019 21:42 - 5 minutes - 7.09 MBTwilio Launches $750M Stock Offering This doesn’t alarm me at all. The stock seems to be down a few percent after hours. Maybe because of this news.. who knows. Intends to use the net proceeds for general corporate purposes, which may include the acquisition of other companies or businesses, the refinancing or repayment of debt, capital expenditures, working capital, and share repurchases. MongoDB is Running Out of Space This is such a bad article that I had to share it. Mongo Database i...
Okta Customer Love, Twilio <Pay>, Buy The Trade Desk The Trade Desk
May 28, 2019 12:27 - 6 minutes - 8.33 MBOkta Chief Customer Officer, Krista Anderson-Copperman named one of the Bay Area’s Most Influential Women in Business. I don’t know the criteria for making this list, but I found this important because Okta chose to highlight it on their company blog. I believe the best companies are focused on diversity and inclusion. Here’s a quote from Krista in the article: As the Chief Customer Officer, I ensure that we are constantly living our core value “Love Our Customers” by providing a world-clas...
Okta Customer Love, Twilio <Pay>, Buy The Trade Desk The Trade Desk
May 28, 2019 12:27 - 6 minutesOkta Chief Customer Officer, Krista Anderson-Copperman named one of the Bay Area’s Most Influential Women in Business. I don’t know the criteria for making this list, but I found this important because Okta chose to highlight it on their company blog. I believe the best companies are focused on diversity and inclusion. Here’s a quote from Krista in the article: As the Chief Customer Officer, I ensure that we are constantly living our core value “Love Our Customers” by providing a world-clas...
015 Jeff Green & The Trade Desk on Mad Money
May 16, 2019 01:56 - 6 minutes - 8.36 MBJeff Green the Founder and CEO of The Trade Desk was on Mad Money with Jim Cramer on Tuesday May 14th. Here are my very rough notes: Cramer Intro:Stock down over last 2 weeks -- is it a buy?!? Cramer said the company reported very strong earnings, management guided conservatively as usual.Cramer: How much would investors have made if they bought IPO?Green: IPO priced at $18 and was in mid 20s at end of day — up 1,000% in 3 yearsCramer: How does platform work?Green: If you want to buy google ...
015 Jeff Green & The Trade Desk on Mad Money
May 16, 2019 01:56 - 6 minutesJeff Green the Founder and CEO of The Trade Desk was on Mad Money with Jim Cramer on Tuesday May 14th. Here are my very rough notes: Cramer Intro:Stock down over last 2 weeks -- is it a buy?!? Cramer said the company reported very strong earnings, management guided conservatively as usual.Cramer: How much would investors have made if they bought IPO?Green: IPO priced at $18 and was in mid 20s at end of day — up 1,000% in 3 yearsCramer: How does platform work?Green: If you want to buy google ...
Founders' Five Daily Podcast
May 14, 2019 12:44 - 9 minutes - 13.3 MBHey everyone, This newsletter is hosted by Substack.com which makes it super easy for non-tech oriented folks like myself. They have recently introduced a podcast function so I’m going to give a quick daily podcast a shot. I’d love to know what you think about that. You have the ability to hit unsubscribe from these podcast episodes which will allow you to continue getting the regular emails you’re used to, but not the podcasts. Podcast format.. I’m going to call these “Founders Five”. The...
013 TripActions CMO Meagen Eisenberg - Make Sure That Youre The Best At It
March 25, 2019 09:00 - 36 minutes - 51 MBThis week’s podcast was incredible. I had the opportunity to interview Meagen Eisenberg, the Chief Marketing Officer (CMO) at TripActions. Prior to joining TripActions, Meagen was CMO at Mongo Database (MDB), a company we have owned in our portfolio for more than a year, and before that, Vice President of Marketing and Customer Acquisition at Docusign (DOCU). These are three incredible companies, and in my opinion, Meagen was a big part of what made each of them successful. Become a support...
Podcast #013 With TripActions Chief Marketing Officer Meagen Eisenberg
March 25, 2019 03:49 - 35 minutes - 48.9 MBHey Friends, Last year, Sarah and I started a podcast to share our journey investing in Founder-led stocks and hopefully inspire others to get started investing. We took a long hiatus because life got busy, but I’m going to do my absolute best to start publishing a podcast every Monday again. Sarah will be on the show when possible, but it’s tough for us both to get the time to record each week…we will do our best because she truly is the star of the show. This week’s podcast was incredibl...
FSI 012 We're Buying a House and It's Most Likely a Terrible Idea Financially
September 24, 2018 02:45 - 37 minutes - 52.1 MBAfter a 3 episode hiatus, Sarah's back and better than ever. During this episode we talk about: Our decision to buy a house in the next three years The impacts are of selling stocks in our taxable brokerage account to use as cash for a down payment. Please do us a huge favor to help us reach more people. Subscribe and leave a review share our link on social media and with real life friends. Check out our website for news about our stocks and portfolio updates: https://www.founderstocks.co...
FSI 011: Lambda School - A Revolutionary Approach to Education with Co-Founder Austen Allred
September 17, 2018 03:02 - 48 minutes - 55.4 MBI'm honored to have the opportunity to share my conversation with Austen Allred (Twitter @AustenAllred), Co-Founder & CEO of Lambda School (Twitter @LamdaSchool). I walked away from our talk inspired and impressed by what an incredible person Austen is. Check out https://founderstocks.com/episode011 for complete show notes. If you like the podcast please do us a favor and subscribe, leave a review, and share it on social media. This will really help us grow! Become a supporter of this podc...
FSI 010: Happiness is the Goal with Brian Stoffel
September 10, 2018 08:00 - 45 minutes - 52.2 MBI really enjoyed my conversation with Brian Stoffel. I am inspired by Brian's approach to prioritizing time with family, how he's aligned his work with his goals, and his ability to apply lessons learned from reading great books to his investing style and life in general. Become a supporter of this podcast: https://anchor.fm/founderstockinvesting/support Get on the email list at austin.substack.com
How To Get Your Kids Started Investing. Jason Moser. The Motley Fool. Founder Stock Investing -- 009
August 27, 2018 04:30 - 48 minutes - 67.2 MBOur guest today is Jason Moser from The Motley Fool (Twitter: @TMFJmo), He's an analyst for The Motley Fool, a grill master, beer enjoyer, and most importantly, a family man. On today's episode we talk about: What three stocks I use to describe Jason, how Jason started investing, how and why he joined The Motley Fool, how he started teaching his daughters about investing, and much more. https://founderstocks.com/episode009 for the related blog post. Become a supporter of this podcast: htt...
How To Get Started Investing Part 1 - 008 Founder Stock Investing
August 20, 2018 11:43 - 43 minutes - 60 MBFor show notes head to https://founderstocks.com/episode008 On this episode we talk about 3 news articles in the headlines about stocks in our portfolio. These articles help outline why we invest in the most innovative companies we can find and how long-term investors like us can take advantage of Wall Street’s short term focus. Then we take a step back and begin a 2 part series on how to get started investing. We use the free Motley Fool Guide “13 Steps to Investing Foolishly” as a great st...
One Company Beating Facebook and Google at Their Own Game - [007 Founder Stock Investing]
August 13, 2018 04:00 - 34 minutes - 47 MBIt's early August and our Founder Stock portfolio is up 76% Year To Date. It's current value is $356,000. In 8 months, our portfolio has grown by $178,000. That's a lot more money than we make in a year combined. We never imagined these types of returns and it's literally changing out financial future. During the episode we review earnings from New Relic, Twilio, Alteryx, and The Trade Desk. We don't own The Trade Desk, but listen in to hear why we probably will soon! Become a supporter of...
Shopify and Square. Invest In Greatness - 006
August 06, 2018 08:00 - 28 minutes - 38.6 MBDuring this episode we discuss: 1. Our current portfolio value. 2. Why I don't worry if people call our stocks "expensive" or "overvalued" 3. Earnings reports from two of our companies, Shopify and Square 4. What I was missing about Square's growth potential 5. Three companies of ours that are reporting their earnings next week Links Discussed: Shopify Second Quarter 2018 Earnings Report Square Second Quarter 2018 Earnings Report Become a supporter of this podcast: https://anchor.f...
July Founder Stock Investing Review: Up $21k and 7.24%. Facebook's Drop. Bad Sign? - 005
July 30, 2018 08:00 - 41 minutes - 56.8 MBJuly was a wild month. We were up as much as $40k and over 14%, but after a $20k drop on Friday, July 27th. We finished the month up $24k and 7.24%. Our Founder-led stock portfolio is now up 56% Year to Date. This can't continue! Check out www.founderstocks.com for information on all our holdings, our weekly research, and more details. Thanks for listening. Please subscribe, review, and share with friends so we can educate and inspire more people to get started investing. Become a support...
We Like to Buy Stocks High, Not Low. Are We Crazy? - 004
July 24, 2018 08:00 - 41 minutes - 56.6 MBThere's always a lot of reasons not to invest. We talk about why we ignore these reasons and invest on the side of the data. Over the last 100+ years, the stock market has increased 2 out of every 3 years for an average of a 10% increase a year. We also review Microsoft's earnings because they're a great indication of how many of our cloud and software-based portfolio holdings should perform and we talk about two of our holdings Twilio and Mongo Database. Become a supporter of this podcas...
We're Up $30k In July And 62% This Year: Stay Humble. Stay Invested. - 003
July 16, 2018 03:32 - 37 minutes - 52.2 MBQuick portfolio update: +$30k for July and up 62% year to date, our 4 rules for getting started investing, the 3 types of accounts we use, where we research stocks (and what sites we ignore), and grade Pivotal Software against our 10 investing criteria. Please Subscribe and listen to our new episodes every Monday Become a supporter of this podcast: https://anchor.fm/founderstockinvesting/support Get on the email list at austin.substack.com
June 2018 Portfolio Review: 7.4% Return. Up $21k. - 002
July 11, 2018 02:56 - 43 minutes - 40.5 MBThere's a lot of people who talk about stocks on the internet. Most of them don't share their results. We're different. We are going to share our results. Good or bad and share exactly what stocks we are invested in. We are not financial advisors and we are not recommending people buy the stocks we own. We want to share our process and help inspire others to do their own research, find founder-led stocks they love, and invest their own money. Become a supporter of this podcast: https://anc...
Why We Invest. Family. Freedom. Fun. - 001
July 11, 2018 02:55 - 20 minutes - 19.2 MBA lot of people make investing sound really complicated. It doesn't have to be. Founder Stock Investing is a show about how our family invests our money. We share our process, our returns, what stocks we own, why we own them, and the emotional aspect of investing. Become a supporter of this podcast: https://anchor.fm/founderstockinvesting/support Get on the email list at austin.substack.com