Global-e: This one is a lot smaller position

For those interested, here is the referenced post from May 2021.

I also looked into this around the same time and posted a review of the company and their Q1 2021 quarter. These two post should serve as a good introduction for anyone new to Global-e.

At the time, I passed on GLBE due to the valuation. I thought $7B was a lot to ask for a company of that size. Today, it is a much larger company and valued at only $4.5B. A much more reasonable valuation.

This had fallen off my radar but appears to be worth a second look. Thanks for bringing this back to the board, Jabbok & Saul.

Rex

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