Thoughts on below upcoming IPOs?
1) Clear Secure
2) Krispy Kreme

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Krispy Kreme’s strategy is to have intentional holes and they just glaze right over them. On paper that doesn’t seem appetizing.

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In real life the hole and glaze is delicious.

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Krispy Kreme to the moon!!! 🚀🚀🚀🚀

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I don't understand how Krispy Kreme stores make money. There are no stores near me but I do like the product so I often buy them when traveling and in my limited experience they are rarely busy and the average dollars spent per customer is small.

I get that the ingredient cost of coffee and donuts is trivial but they still have to pay for the building and employees.

They don’t make much money. And as of 2016, their international presence was huge without much revenue contribution. https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_KKD_2016.pdf

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