$TTD CEO's open market buy and some random thoughts

Recently $TTD CEO’s $148 M open market purchase made headline and stock promptly rallied. Just looking back…

Also, he published why he bought, you can read that here

The ad industry is dominated by the likes of Google, Meta, Apple and Amazon. It is a difficult phase, but they have some advantages. $TTD may not go to zero, but it is not clear whether they can successfully execute on the growth. May be $AI cannot disrupt the business, at least immediately, but the company has to execute to earn/ get back to its past valuation.