Lane 02 · Strategy Memos
Decision-first memos, answer up front.
Pure-strategy work in the MBB tradition: a single decision, a recommendation in the first paragraph, the analysis that defends it, the scenario tree that prices the bet, and the trigger conditions that would change the call. Written for an investment committee or a corporate-strategy board.
- Format
- Board-grade decision memos
- Length
- ~8-min reads
- Sections
- Question · Answer · Background · Analysis · Scenarios · Triggers · Risks
- Audience
- Strategy, corp-dev, investment committees
Memo 01 · Equity Investing
NVIDIA at $4T: hold or sell?
An investment-committee memo on whether to hold NVDA at consensus-priced multiples. The CUDA moat is durable; the margin path is not. Recommendation, scenario tree, and the bear case priced.
Memo 02 · M&A StrategyShould Snowflake acquire dbt Labs?
A board-level teardown of the Snowflake / dbt M&A logic at $4–6B. The strategic fit is real; the integration risk and the cheaper alternative are realer. A clear recommendation, with conditions.