Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q3 2021 call → NOWe need to determine if management describes that their way of doing things is being adopted, copied, or moved toward by others in the market. The transcript mentions several innovations: cryptocurrency offering with NYDIG, securitization process, digital banking, etc. But does management say others are following? Let's scan. Scott Kavanaugh: "We continue to pursue the cryptocurrency offering through our collaboration with NYDIG and Fiserv to bring Bitcoin into banking. We are closely working with our regulators on the scope of our solution, and we believe this is on track to launch in the coming months with the official rollout in Q1. We are grateful to have partnered with industry-leading firms such as NYDIG and Fiserv on this initiative." No mention of others adopting. David DePillo: "Our project to enhance our consumer online and mobile experience is getting close to launching... cryptocurrency project with NYDIG and Fiserv continues to successfully move forward." No mention of others copying. There is no statement about competitors or others following their lead. They talk about being first movers? Scott says "We're really a first mover in this area" but that's just a claim, not describing others adopting. No mention of market convergence. Thus answer NO.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?