Richard Chu, Discover and Read the Best of Twitter Threads by @richard_chu97

Richard Chu

richard_chu97

1/ I’m sure many investors who started earlier this year are feeling pretty down right nowI first started investing in SaaS companies in summer 2019 after a huge multi-year runA

Stock picking is exceptionally difficultFrom 1926 to 2016, only ~4% of stocks accounted for all of the $35 trillion in wealth creationOver half of stocks had negative lifetime returns! The

With an aging population and higher healthcare costs than ever, the system needs to become more efficientTelemedicine only solves part of the problem. Physicians are still going to be spending

The $TDOC + $LVGO merger created the undisputed leader in telehealth but with the industry still in its early innings, finding who will occupy that second spot can pay off

$SNOW is my most anticipated IPO of the year and its S1 finally dropped today! The Business: Snowflake's Cloud Data Platform lets users consolidate data silos into a single source

Growth Investing Resource List: I often get asked about this, so I’d thought I’d share some that have helped me.When you’re starting out, it’s important to find the RIGHT mentors

What does it take to become a great investor?Former hedge fund manager Mark Sellers gave this speech to a class of Harvard MBAs on why most people, including them, have

My Investment Checklist:1) Category leader (dominates a niche, see Gartner/Forrester) 2) Recurring revenue (high visibility SaaS model) 3) Large and growing TAM vs market share (>$2B market cap, the potential