$UBER first investors did not doo too bad... Credits to Kevin Jurovich

M&A basics: 1) In Vendor due diligence sellers present all relevant info to buyers (usually Big4) 2) Commercial due diligence assesses market position, competitors, and growth potential (often by MBB) 3) Financial due diligence reviews financials for risks (usually Big4)

Two monopolies increasing: 1) B2C - $AMZN to include more and more services under the prime subscription (incl. Pharmacy, movies, e-commerce, etc.) 2) B2B - $MSFT expanding 365 suite to cybersecurity, HR, marketing, etc.

$EH Q2 results coming next week or week after. The ABC of this call: - OC timeline with expected start of commercial operations date. - Summary of JV and operating spots - Update on demand and manufacturing scale-up if needed

$EH I have gotten much time, but I will analyze last ER from EHang soon and what is coming. Stay tuned.