Business Breakdowns

Applied Intuition: A Billion Intelligent Machines - [Business Breakdowns, EP.248]

Today, we are breaking down Applied Intuition. Our guests are co-founders Qasar Younis and Peter Ludwig, who started the company in 2017 with a mission to make a billion

Toast: Sticky SaaS - [Business Breakdowns, EP.247]

Today, we are breaking down Toast, a name we have covered before but are revisiting because the story has changed enough to be worth telling again. Most listeners will ha

Auto1: EU-sed Car Marketplace - [Business Breakdowns, EP.246]

Today, we are breaking down Auto1, and this is an interesting episode because we are tackling a business that most US listeners will not be familiar with, even though it

Opendoor: Q1 2026 Earnings - [Business Breakdowns, EP.245]

Today, we are breaking down Opendoor, and this is a unique episode. We recorded with Kaz Nejatian, the CEO of Opendoor, shortly after the company reported its first quart

PriceSmart: Central America’s Costco - [Business Breakdowns, EP.244]

Today, we are breaking down PriceSmart, the membership warehouse club operating across Central America, the Caribbean, and South America. I came away from this episode wi

Altius Minerals: Royalty Check - [Business Breakdowns, EP.243]

Today, we are breaking down Altius Minerals, a Canadian royalty company that stands apart from the precious metals and oil and gas names that usually define the category.

Givaudan: The Magic Ingredients - [Business Breakdowns, EP.242]

Today, we are breaking down Givaudan, the Swiss fragrance and flavor giant hiding in plain sight. I came away from this episode with a new way of seeing the world around

Apollo: Connoisseurs of Complexity - [Business Breakdowns, REPLAY]

This episode was originally recorded in March 2025.  ​Today, we are breaking down the  global alternative asset manager, Apollo. I reflected on my personal experiences wi

Cognex: Vision Quest - [Business Breakdowns, REPLAY]

This conversation was originally released in February of 2025. We’re replaying this episode because Cognex sits right at the intersection of AI and robotics. As the marke

ASML: Competing with Moore’s Law - [Business Breakdowns, REPLAY]

This conversation was originally released in June of 2023. Today we return to the semiconductor value chain with one of the most important companies in modern technology

Cloudflare: Leading Cybersecurity - [Business Breakdowns, EP.241]

 Today we are breaking down the cybersecurity giant, Cloudflare.  Today, Cloudflare controls over 20% of the world’s web traffic, and more impressively, absorbs 2.5mn cy

How Investors are using AI - [Business Breakdowns, EP.240]

Today we have a special episode breaking down how investors are using AI.  This is a question I get from many of you, and while there is no shortage of content on the im

Games Workshop: The World of Warhammer - [Business Breakdowns, EP.239]

Today we are breaking down Games Workshop. This episode is another examination of the business of IP. Whether it's Disney, Electronic Arts, or Nintendo, there are so many

Databricks: From Data to Decisions - [Business Breakdowns, EP.238]

Today we’re breaking down Databricks, a $130B private company that helps companies collect, store, and process very large amounts of data, and then use that data to run a

Amadeus: The IT Backbone of Travel - [Business Breakdowns, EP.237]

Today we are breaking down Amadeus, the dominant infrastructure powering global travel bookings. If you've used a travel agent or corporate booking system, you've likely

Doximity: The Hub of Healthcare - [Business Breakdowns, EP.236]

Today, we are breaking down one of the more impressive B2B media businesses I have come across, Doximity. It's been called “the LinkedIn for doctors.”  Jim Jones, partne

GE Aerospace: Full Throttle - [Business Breakdowns, EP.235]

Today we are breaking down GE Aerospace. We did cover GE several years ago, but that episode focused on Larry Culp's turnaround of the conglomerate.  Ramesh Narayanaswam

Alternative Investing: Alts For All - [Business Breakdowns, EP.234]

 This is Matt Reustle. Today, we are back to talk about increased access to alternative investing. My guest is Josh Clarkson, managing director at Prosek Partners. You ma

Robinhood: Mobile First, Margins Later - [Business Breakdowns, EP.233]

This is Matt Reustle. Today we are breaking down Robinhood. My guest is Arthur Olson, founding partner at Ravenswood Partners. We get into how Robinhood grew from a mobil

CompoSecure: Heavy Metal - [Business Breakdowns, EP.232]

This is Matt Reustle. Today we are breaking down CompoSecure, a company that manufactures premium metal credit cards and payment cards. My guest is Parsa Kiai, Managing P