- Shares of Coursera are trading considerably below its IPO price, and they finally seem to us to be offering some value.
- The company is growing revenue at a very good pace, but we do worry that we are not yet seeing signs of operating leverage.
- The company appears to have a very good product-market fit, with high ratings on its apps and good and improving engagement numbers on its website.
- At this prices we can justify a small speculative investment with the expectation that at some point the company will pay more attention to cost controls and will finally be on the path to profitability.
For further details see:
This Is The Price At Which We Would Be Willing To Buy Coursera