Long term and short term - top golf is no joke. Good experience and each venue generates like 17-20m in revenue. They’re building 30 this year and have plans for 200 domestic and a hundred or so international
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Replying to @purple_mattress
Hmmm I'll have to sleep on this one. Let's see if I wake up in a golfing mood. I live on the road that a famous PGA golf course is on (couple miles down) in NJ. There's tons of golf around here. Those customers have money too.
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Replying to @purple_mattress
I'm just not sure how popular golf is among say my age group.. How many 20-40 year Olds play golf as opposed to the hundreds of other activities?
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Replying to @tc_nj7
That’s the thing, 50% of patrons don’t golf. It’s amazing
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Replying to @purple_mattress @tc_nj7
I’ve done top golf in Minnesota in March… reason? 40th bday party for a buddy and it was packed and I still have no idea what I spent… I’m yelling from the cheap seats but top golf should be a no brainer as long as mgmt doesn’t sniff glue
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And did you enjoy it?????
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Replying to @purple_mattress @HanHeyoh
Haha man that doesn't mean it translates into a good stock or well run company.. Plenty of great products with shitty execution or leadership.
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Not saying it does, but bad product with good management never succeed, good products with bad management eventually succeed. I think product is solid. Management is solid too. It was an all stock deal so topgolf founders are bullish.
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Replying to @purple_mattress @HanHeyoh1 reply 0 retweets 0 likes
So do you like the thesis
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Replying to @purple_mattress @HanHeyoh
In general yes. But as an investment? Not sure yet. Gonna watch.
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I don’t think there’s a rush but I like the price right now and the guidance upgrade today
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