Homepage
PR Newswire
SEA reminds me of Tesla, in a way that it is able to raise huge sums of capital. IMHO, this is currently SEA's greatest moat as it is able to create a virtuous cycle with the raised capital - "get capital --> burn it --> create revenue growth --> create stock price growth --> get more capital".
It has great products, so does its competitors. It has deep pockets, so does it competitors.
Sea Ltd’s 2021 Third-Quarter Results
Second, investors love Sea. The company has already taken advantage of this by raising US$1.35 billion in 2019, US$2.6 billion in 2020, and more than US$6 billion in its latest stock and bond offering announced in September this year.
https://www.thegoodinvestors.sg/sea-ltds...er-results
It has great products, so does its competitors. It has deep pockets, so does it competitors.
Sea Ltd’s 2021 Third-Quarter Results
Second, investors love Sea. The company has already taken advantage of this by raising US$1.35 billion in 2019, US$2.6 billion in 2020, and more than US$6 billion in its latest stock and bond offering announced in September this year.
https://www.thegoodinvestors.sg/sea-ltds...er-results