LunarCrush LLM | creator/twitter::1549457447617761281/posts

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[@Jake___Barfield](/creator/twitter/Jake___Barfield)
"Hikari Tsushin ($9435)"  
[X Link](https://x.com/Jake___Barfield/status/1832115897005150537) [@Jake___Barfield](/creator/x/Jake___Barfield) 2024-09-06T17:57Z 1866 followers, 9742 engagements


"If $INPST's advantage is one of scale-based network effects then I think this quote from Michael Rouse is important -- "In the Eurozone InPost is deploying XXX APMs per week while all of its competitors combined are deploying only XX per week.""  
[X Link](https://x.com/Jake___Barfield/status/1923033118522446178) [@Jake___Barfield](/creator/x/Jake___Barfield) 2025-05-15T15:09Z 1866 followers, 1673 engagements


"A lot of theses out there for $HEM nowadays but I wonder if anybody has made a like-for-like comparison with Scout24 ($G24). Both are trading at similar multiples and while Hemnet is growing faster it is purely via price increases within one revenue stream. I think the combination of multiple revenue streams coupled with a significantly larger real estate market (6-8x bigger depending on which metric you use) makes a strong case for a longer growth runway for Scout. It seems to me that both have a dominant position within their industries and that Hemnet is already capturing a large % of the"  
[X Link](https://x.com/Jake___Barfield/status/1975925041184248186) [@Jake___Barfield](/creator/x/Jake___Barfield) 2025-10-08T14:03Z 1866 followers, 1112 engagements


"Why does it being a vendor paid model mean that $HEM deserves a higher multiple Rightmove and Scout are generating higher FCF margins than REA and Hemnet. Scout has similar pricing power albeit within agents and increases its prices X% per year every year with very little pushback plus the other embedded options in additional adjacent revenue streams at similarly high margins. Maybe Hemnet has the higher ceiling for ARPL but the market is smaller almost entirely digital and agents earn a smaller commission (only X% in Sweden vs. 5-8% in Germany). I think both could work out very well FWIW am"  
[X Link](https://x.com/Jake___Barfield/status/1976278892504629515) [@Jake___Barfield](/creator/x/Jake___Barfield) 2025-10-09T13:29Z 1868 followers, XXX engagements


"And there it is. Mercari withdraws from the spot work industry only a year and a half after entering and trying to win market share away from Timee by offering X% commissions. Timee maintained its XX% fees and grew by XXX% during this period"  
[X Link](https://x.com/Jake___Barfield/status/1978039443077415250) [@Jake___Barfield](/creator/x/Jake___Barfield) 2025-10-14T10:05Z 1866 followers, 2314 engagements

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@Jake___Barfield "Hikari Tsushin ($9435)"
X Link @Jake___Barfield 2024-09-06T17:57Z 1866 followers, 9742 engagements

"If $INPST's advantage is one of scale-based network effects then I think this quote from Michael Rouse is important -- "In the Eurozone InPost is deploying XXX APMs per week while all of its competitors combined are deploying only XX per week.""
X Link @Jake___Barfield 2025-05-15T15:09Z 1866 followers, 1673 engagements

"A lot of theses out there for $HEM nowadays but I wonder if anybody has made a like-for-like comparison with Scout24 ($G24). Both are trading at similar multiples and while Hemnet is growing faster it is purely via price increases within one revenue stream. I think the combination of multiple revenue streams coupled with a significantly larger real estate market (6-8x bigger depending on which metric you use) makes a strong case for a longer growth runway for Scout. It seems to me that both have a dominant position within their industries and that Hemnet is already capturing a large % of the"
X Link @Jake___Barfield 2025-10-08T14:03Z 1866 followers, 1112 engagements

"Why does it being a vendor paid model mean that $HEM deserves a higher multiple Rightmove and Scout are generating higher FCF margins than REA and Hemnet. Scout has similar pricing power albeit within agents and increases its prices X% per year every year with very little pushback plus the other embedded options in additional adjacent revenue streams at similarly high margins. Maybe Hemnet has the higher ceiling for ARPL but the market is smaller almost entirely digital and agents earn a smaller commission (only X% in Sweden vs. 5-8% in Germany). I think both could work out very well FWIW am"
X Link @Jake___Barfield 2025-10-09T13:29Z 1868 followers, XXX engagements

"And there it is. Mercari withdraws from the spot work industry only a year and a half after entering and trying to win market share away from Timee by offering X% commissions. Timee maintained its XX% fees and grew by XXX% during this period"
X Link @Jake___Barfield 2025-10-14T10:05Z 1866 followers, 2314 engagements