Zortix
Sign in
APPCore thesis · 5/5Save idea

AppLovin supercharges growth via Axon 2

The bull case for AppLovin centers on its successful transition to a cutting-edge AI recommendation engine, Axon 2, which dramatically improved ad-targeting potency and drove a massive financial turnaround.

The argument

The guest argued that throwing out their legacy machine learning system in 2022 to rebuild a modern recommendation model allowed them to deliver superior ROI for performance advertisers. This technological pivot led to near triple-digit growth and a massive stock recovery from its 2022 lows.

The thesis, stress-tested
✓ What validates it
  • Sustained high EBITDA per head in upcoming quarterly reports
  • Continued market share gains in mobile advertising
▸ Risks discussed
  • High dependence on continuous performance of the recommendation algorithm
  • Ad-market cyclicality
Hear it yourself
"Have you ever questioned the sacrifice in any way? My brother has children, and I watch him have children and be an amazing parent and see my my parents be grandparents. Dude, I'm just fucking grinding in the office till eleven or twelve every night. A little bit of me questions the sacrifice sometimes, if I'm honest. Did you ever? I I would say at the low, low point in '22, I decided to make some changes because I did question the sacrifice I was making. There were two tolls that I saw that were being taken on my life. One was my health was decaying."
10:15 · Verify in source ↗
AFFILIATE LINK · ZORTIX MAY EARN A COMMISSION · NEVER A RECOMMENDATION TO TRADE
NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE