Akshay Bhatt
182 posts

Akshay Bhatt retweetledi

There is no other reasonable takeaway when looking at the Duolingo quarter than it was a very strong quarter by the company.
+41% revenue growth
+33% booking growth
+29.5% margin increase
+51% Free Cash Flow
Daily active users: Record high 50.5 million
Monthly active users: Record high 135.3 million
Paid subscribers: Record high 11.5 million
Subscription revenue: Record high 229 million
Future growth estimates beat expectations.
If other investors want to sell their shares, that's fine. I'll keep holding and buying.

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Akshay Bhatt retweetledi

Here’s what I think will happen in NYC under Mahdami.
The free buses and government grocery stores won’t happen, they never do. They sound good during campaigns, but collapse under basic math. You can’t run a city on ideas that cost billions and produce no revenue.
The only way to make housing affordable is to build more housing. The free market lowers prices, not regulation. Every time politicians try to control rent or force affordability by decree, developers stop building and landlords stop maintaining. Supply dries up, the quality collapses, and the few properties that remain skyrocket in price.
Once landlords can’t make a profit, they sell, lose properties, or walk away. Eventually, the government takes over.
Taxes will rise to pay for the promises, and the middle class will be the ones shouldering the burden. The rich will relocate, the poor will depend on subsidies, and the productive class will be squeezed from both sides.
Thriving businesses are the foundation of any thriving city. When they leave, everything else follows, jobs, schools, grocery stores, stability. Chicago already proved this. Boeing, McDonald’s, Caterpillar, Citadel, nearly 70k jobs, all gone. Now they’re facing billion-dollar deficits, half empty schools and neighborhoods without grocery stores.
I saw someone who lived in a rent-controlled apartment in California put it perfectly, he said his landlord could no longer afford maintenance so the pool was filled with dirt, the floors had soft spots, and the foundation ended up cracking. That’s what overregulation does, it destroys quality.
People who voted for this will eventually feel the pain but they won’t blame the policies or the politicians, they’ll blame the rich for leaving.
This conversation is always difficult because most people simply don’t understand market dynamics or incentives. In a free society, people act in their own self-interest. If you remove profit and reward dependency, productivity dies and the city with it.
If you think things are expensive now, just wait until they’re “free.”
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Akshay Bhatt retweetledi

Robinhood $HOOD is quietly executing so well. I don't spend much time following even though I hold 10,000 shares. But here's my quick take... (kid analyst pay attention)
Robinhood is scaling multiple business segments at wonderful pace, giving valuation of multiple great businesses.
1. Trading/Options/Crypto (CORE) - Accelerating AUM and trading volume. Crypto benefited from Bitstamp acq (liquidity, volume, tech). Think $SCHW $IBKR
2. Prediction market - Over 4B events traded since march (mind blowing). Think DraftKings, Polymarket, Kalshi.
3. Banking - First basic services, then lending, etc. Think $SOFI, Tradfi.
4. Investment banking - they expanded into managed funds and advisory - Think subset of $MS $GS etc
5. Tokenized stocks and assets - making access to retailer, and international market easier. think crypto but better.
I probably missed other smaller ones, and future ones they will launch. This is what great founder & execution looks like. If they continue to execute that, the marketcap will be combination of many great business together. We're going higher!
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The #NYCMayoralDebate is the absolute bottom of the barrel politics. You got a guy who got kicked out of office for being a pervert and who already lost the primary vs a communist nepo baby, who has never had a job in his life, hates America, hates the police and is pro terrorist and a 3rd guy who actually loves NYC but has no shot at winning. I feel bad for every person who cares about NYC.
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I try to never touch games/movies/tv shows because there’s a large chance that you have such an enjoyable experience that it makes you short term emotionally unstable
There was this one game I played when I was young that was so good it made me unbelievably sad. Vowed to stay away from most forms of long-term media/entertainment since, the connection you can build to these things and the way it warps your thought process always perplexed me
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@unusual_whales But how do you earn the money to invest with?
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@copethyself @coreykarthik Have u ever touched the opposite sex
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@coreykarthik yea bro 1k for 150gb worth of residential IP's is crazy
its like 1-2$/gb and sometimes even cheaper if you know what you are doing
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@copethyself Bruh you’ll never even be put in a position where you’ll get a text like this 🤣🤣
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