Aug. 4 at 10:35 AM
$PEW very good analysis on GrabAGun. https://x.com/everyonehatesp1/status/2054906393396686930?s=12
That last paragraph in particular 🔥. “I want to remind people you're paying less than
$O for the business, and also that -
$2M of EBITDA isnt actually cash burn, EBITDA excludes the large amount of interest they earn on their cash.”