He analysed Afterpay because a viewer had commented/asked him to...

He analysed Afterpay because a viewer had commented/asked him to in a previous video. It gives a brief summary of its founders and history regarding its merger and its beginning from point of sale to buy now pay later (BNPL). He sees it as a disruptor, and says that its value isn't in its shopping platform but its BNPL product. He explains how it is similar to the concept of laybuy. He goes on to talk about the trend away from credit cards from people who were born after the 80s through to millennials who are beginning to have more purchasing power, replacing baby boomers. He notes the first mover advantage, and its pathway to international and emerging markets, and also the network effect which acts like a loop (as users increase, shops feel they have no choice but to join and vice versa). He mentions the Tencent 5% and Westpac banking catalysts driving shareprice higher and expects this to continue based on their technical analysis. While afterpay hasn't hit all of their full conviction metrics of high growth companies, it has the hallmarks of companies they are interested in.