COGS: How I Bankrupted MoviePass

An Intuitive Explainer for How To Lose Money and Win Anyway

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Actionable Hub over 4 years ago

Hi Evan,

When I learned that focus of Napkin Math changes to deep dives into financial metrics I thought "meh". I've done enough of Financial Analysis during my MSc and when studying for CFA - and there's Investopedia for the rest, right?

But you are doing a great job of explaining a very dry topic like COGS in an easy-to-follow and fun manner - well done. Really enjoyed this, and look forward to more.

Best
Dmytro

Evan Armstrong over 4 years ago

@dmytro.ason Thanks Dmytro! Incredibly kind and let me know if there are topics you would like to see covered! Is there anything from you CFA days that you feel like most people misunderstand?

Evan Armstrong over 4 years ago

@dmytro.ason Thanks Dmytro! Incredibly kind and let me know if there are topics you would like to see covered! Is there anything from you CFA days that you feel like most people misunderstand?

Actionable Hub over 4 years ago

@ItsUrBoyEvan I think a cool combo would be some metric + a case study of a company that nails it. I remember there was a really cool post about how Gymshark (British sportswear brand) aces negative cash conversion cycle to fund own growth. I am sure there are lots more examples like this for other metrics. Like Peloton and churn, for example (I know churn is not strictly a financial metric, but still). Just a thought!

Actionable Hub over 4 years ago

@ItsUrBoyEvan I think a cool combo would be some metric + a case study of a company that nails it. I remember there was a really cool post about how Gymshark (British sportswear brand) aces negative cash conversion cycle to fund own growth. I am sure there are lots more examples like this for other metrics. Like Peloton and churn, for example (I know churn is not strictly a financial metric, but still). Just a thought!

Actionable Hub over 4 years ago

@ItsUrBoyEvan I think a cool combo would be some metric + a case study of a company that nails it. I remember there was a really cool post about how Gymshark (British sportswear brand) aces negative cash conversion cycle to fund own growth. I am sure there are lots more examples like this. Just a thought!

Evan Armstrong over 4 years ago

@dmytro.ason I will definitely be doing the non-financial terms at some point. I'm thinking Net Dollar Retention and snowflake would be cool!

Reinart Bacalso over 4 years ago

Great work! Love this as a founder who’s very deep into our financials

Pramod Nammi about 4 years ago

What a great set of articles on financial statements!
BTW, Is Galaxy Brain referring to Roam research?