The Snowball Equity Watchlist seeks to identify businesses with durable economic moats, attractive unit economics, low capital intensity, significant reinvestment opportunities at a high ROIC, and have meaningful real option value. We prefer owner-operated businesses where key management holds a meaningful stake. We also look to identify potential short-option plays to capture high implied volatility and time decay on high-quality businesses.
The Snowball Crypto Watchlist seeks to identify crypto-assets with a large TAM, product-market fit, and a vibrant community. We prefer crypto-assets that possess attractive tokenomics with meaningful value accrual.
To view all of The Snowball Equity/Crypto Watchlist's positions and be alerted to new additions to the watchlist in near-real-time and the accompanying investment thesis, do consider being part of The Snowball Community.