Letters by company
Digital Turbine, Inc.
4 letters discussing APPS. Everything written about it on this site is on its ticker page.
- Greenhaven Road Capital Q1 2022 Greenhaven Road Capital added to PAR Technology and Teladoc Health while defending KKR, Elastic, and Digital Turbine as businesses whose fundamentals remain intact despite multiple compression. The fund also established a cannabis-stock basket, arguing that federal restrictions and fragmented state licensing create mispriced, cash-generative U.S. operators. first quarter -26.5% APPS $1.3BESTC $8.9BKKR $96BPAR $804M
- Greenhaven Road Capital Q1 2021 Greenhaven Road added to PAR Technology after its Punchh acquisition, retained conviction in Elastic’s customer monetization and KKR’s permanent-capital model, and saw RCI Hospitality become a top holding. The fund sold Twitter after rapid appreciation and is building SPAC capabilities through warrants, a specialist-manager seed investment and a Special Opportunities Fund. first quarter +14.0% APPS $1.3BESTC $8.9BKKR $96BPAR $804M
- Greenhaven Road Capital Q1 2019 Greenhaven Road Capital built positions in PAR Technology and Digital Turbine, arguing that overlooked software and app-installation businesses can monetize recurring revenue more effectively under improved management and distribution. The fund added to SharpSpring, replaced Fiat Chrysler shares with long-dated options, and backed Chicken Soup for the Soul Entertainment’s Crackle venture. Q1 2019 — APPS $1.3BPAR $804MBOX $4.6BCSSE delisted
- Greenhaven Road Capital Q1 2020 Greenhaven Road Capital retained SharpSpring, Digital Turbine and PAR Technology despite pandemic-driven pressure, arguing that their balance sheets, management teams and competitive positions could strengthen through the disruption. The portfolio added smaller positions in Uber, Roku, Pinterest and Carvana while emphasizing liquidity, durable business models and selective opportunities created by market panic. Q1 — APPS $1.3BCSSE delistedKKR $96BKLR delisted
