






I have a soft spot for $HEC because my own mental health has suffered in 2020; so I want to highlight companies in this sector


For one, this is a space that online players like $TDOC can easily enter
There is not much of a moat for $HEC; it is simply a pure-play online therapy platform
That being said, the valuation is not outrageous at 11.2X 2021 sales


Covid-19 has brought with it isolation, anxiety, depression. These statistics are rising as the Pandemic lengthens
More frighteningly, the Pandemic has disrupted mental health services globally
See below worrying attachments..


It might be a crowded space, but these growth companies are nowhere near servicing their TAMs. Especially for areas that need them
$HEC tackles this:







2023 estimates:






The B2B segment is crucial for lowering cost barriers for individuals to access $HEC .This will drive overall customer metrics

A key B2B client segment is colleges/universities. Gen Zs are among the hardest hit in terms of mental health



Also, a company with no moat can still succeed if they:



Use this to retweet the whole DD chain or simply to get back to the start! https://twitter.com/RiskRewardCap/status/1387435176288915457