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AVLR - The Case For Avalara: An Emerging Internet Toll Road
Avalara Inc.
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In my September portfolio purchases, I opened a position in Avalara (AVLR). Since it is a fairly recent IPO, has little name recognition or coverage generally, and is still small enough that it could have multi-bagger upside, it's worth taking a closer look at this company. Also, a prominent investor just put 18% of his whole fund into Avalara stock last quarter. More on that in a minute. But first, what is Avalara?