https://www.optimistfund.com/investorletters daily 0.75 2026-02-12 https://www.optimistfund.com/investorletters/q4-2025-quarterly-letter-pd56k-6dcac-h23rl-jslx3-3tcl8 monthly 0.5 2026-02-12 https://www.optimistfund.com/investorletters/q3-2025-quarterly-letter-pd56k-6dcac-h23rl-jslx3 monthly 0.5 2025-10-22 https://www.optimistfund.com/investorletters/q2-2025-quarterly-letter-pd56k-6dcac-h23rl monthly 0.5 2025-07-21 https://www.optimistfund.com/investorletters/q1-2025-quarterly-letter-pd56k-6dcac monthly 0.5 2025-04-23 https://www.optimistfund.com/investorletters/inthemoney-podcast-65mzt monthly 0.5 2025-03-18 https://www.optimistfund.com/investorletters/capital-compounders-podcast monthly 0.5 2025-02-04 https://www.optimistfund.com/investorletters/q4-2024-quarterly-letter-pd56k monthly 0.5 2025-01-21 https://www.optimistfund.com/investorletters/q3-2024-quarterly-letter monthly 0.5 2024-10-16 https://www.optimistfund.com/investorletters/q2-2024-quarterly-letter-g9d9e-klpfb monthly 0.5 2024-07-29 https://www.optimistfund.com/investorletters/q4-2023-quarterly-letter-g9d9e monthly 0.5 2024-04-16 https://www.optimistfund.com/investorletters/q4-2023-quarterly-letter monthly 0.5 2024-01-22 https://www.optimistfund.com/investorletters/q3-2023-quarterly-letter-cs95x monthly 0.5 2024-01-03 https://www.optimistfund.com/investorletters/q2-2023-quarterly-letter monthly 0.5 2023-07-20 https://www.optimistfund.com/investorletters/optimist-fund-monthly-webinar-q1-earnings-review monthly 0.5 2023-12-20 https://www.optimistfund.com/investorletters/q1-2023-quarterly-letter monthly 0.5 2023-04-25 https://www.optimistfund.com/investorletters/q4-2022-quarterly-letter monthly 0.5 2023-02-16 https://www.optimistfund.com/investorletters/q3-2022-quarterly-letter monthly 0.5 2022-11-17 https://www.optimistfund.com/investorletters/theglobalfoodfightpartthree monthly 0.5 2022-10-13 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/015dd933-6601-4a27-a411-1c35b2fe7a84/US+food+delivery+market+data.png Investor Letters - The Global Food Fight: How Valuable Can Food Delivery Leaders Become? (Part 3/3) - Make it stand out GMV = Gross Merchandise Volume https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/bdc9006b-5473-4cd4-89de-9a0da47868a7/Food+Delivery+Leaders+potential+size.png Investor Letters - The Global Food Fight: How Valuable Can Food Delivery Leaders Become? (Part 3/3) - Make it stand out Source: Optimist Fund Estimate, Statista, Company Filings, fred.stlouisfed.org As at: September 22, 2022 https://www.optimistfund.com/investorletters/theglobalfoodfight monthly 0.5 2022-09-30 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1662725377450-7CGW8L4C080FZZ8LOVE2/29761353154_4e86208dab_k.jpg Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1662730668109-L30VDH82DPX6YMXMY43G/mcdelivery.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1663295126131-Y3X5AY2GMF5DCCVP60VP/twoColumnFeature_japan3.jpg Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/09db672c-1938-4b53-8e66-cec2dc9dcff7/Food+delivery+US+market+share.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) - Make it stand out Source: earnestresearch.com https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1663687351493-LNM7YYHYTSYO1H3CDTCH/US+Food+delivery.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/3da0f0b5-df63-41e4-b6e5-3ea6e00b4c04/Food+Delivery+2.0+economics.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) - Make it stand out Source: Optimist Fund Estimates, Company Filings https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/f87dfa8b-d8c8-491c-b771-b76af7797ffd/Uber+Mature+Markets.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) - Make it stand out Source: 2022 Uber Investor Day Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/3daee5fd-db42-4086-afc7-36c37630f1a1/Uber+Top+20+delivery+markets.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) - Make it stand out Source: 2022 Uber Investor Day Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1663185032698-Q6GNNXGMXD0J721V8XQK/on+demand+commerce+cateogry+expansion.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1663184077150-U5K3FWSDYFFNB2CI2P52/ON+demand+uber.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/1663184077655-0ZOS9PWDOBLLLSR3M4X9/On-demand+retail.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/b8e06e13-efae-423e-8d2e-1f98b0d0acde/amazon+search+screen.png Investor Letters - The Global Food Fight: Food Delivery 2.0 (Part 2/3) - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.optimistfund.com/investorletters/theglobalfoodfightpartone monthly 0.5 2022-09-26 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/fc9dc95d-01ab-4262-8e37-c20c734cd1ee/Food+delivery+gross+merchandise+volume.png Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: Company Filings “GMV”: Gross merchandise volume (millions) “CAGR”: Compounded annual growth rate https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/eab71cc6-84e8-4ac0-a7b7-78fdd799dbda/EtenaeEXUAIS_ht.jpg Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: YouGov https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/7cc0ce54-5888-46f7-8e94-5d76261a2a6a/GrubHub-food-delivery-app.jpg Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: https://www.uncorkd.biz/blog/restaurant-apps/grubhub-food-delivery-app/ https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/e931eecf-8f29-43f7-93fb-04436d5f5ace/Food+Delivery+1.0+economics.png Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: Company Filings, Optimist Fund Estimates https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/973301fc-03e0-4e0d-80f7-099a160afe0d/cohorts.png Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: Takeaway.com FY2019 Analyst Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/75a49497-312a-4a62-bb64-de5340dd8005/netherlands+ebitda.png Investor Letters - The Global Food Fight: Is the Size of the Prize Worth the Fight? (Part 1/3) - Make it stand out Source: Takeaway.com 2018 Analyst Presentation https://www.optimistfund.com/investorletters/its-ubers-time monthly 0.5 2022-09-01 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/3dc0964d-d5bc-4e7a-b2fb-f8b6760f8659/Uber+Free+cash+flow.png Investor Letters - It’s Uber’s Time to Shine - Make it stand out Source: Uber Financial Statements and Optimist Fund Estimates https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/df990614-fe6d-45a3-9aa2-a703981e570e/Uber+Mobility+business.png Investor Letters - It’s Uber’s Time to Shine - Make it stand out Source: Uber 2022 Investor Day Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/c6489870-7ed6-4417-9c8b-fb16ced9466b/Uber+Mobility+TAM.png Investor Letters - It’s Uber’s Time to Shine - Make it stand out Source: Uber 2022 Investor Day Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/a30ae68f-334f-415d-b200-d5ea97343836/Mobility+Transportation.png Investor Letters - It’s Uber’s Time to Shine - Make it stand out Source: Uber 2022 Investor Day Presentation https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/fe90bf38-530e-4c27-8ae5-8e024bface0d/1-Rideshare-Uber-vs-Lyft-Sales-and-Market-Share-in-May-2022.png Investor Letters - It’s Uber’s Time to Shine - Make it stand out Source: https://secondmeasure.com/datapoints/rideshare-industry-overview/ https://www.optimistfund.com/investorletters/q2-2022-quarterly-letter monthly 0.5 2022-11-21 https://www.optimistfund.com/investorletters/optimist-fund-opening-letter monthly 0.5 2022-03-01 https://www.optimistfund.com/our-team daily 0.75 2026-03-18 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/300fdb6b-8b73-4647-b70f-c82e8ad65199/Screen+Shot+2021-09-02+at+8.02.38+AM%5B2171%5D.png Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/09c45230-c871-48fd-afa8-3a87aeb86221/Brandon+Headshot.jpg Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/bed18bf8-e508-471f-91fe-93598e275150/Bio_Full_Jon_Sep20-768x1084.jpg Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/6618f8cf-f3c7-4106-86e4-6018c2c264d8/Bio_Full_Sanjay_Sep20-768x1084.jpg Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/03d23699-d316-42c4-825e-6cae584189df/SPENCER_David-0594-1-768x1084.jpg Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/e48c00c7-fadc-4791-9937-f40b077e8179/Mo+Headshot.jpg Our Team https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/88deeb93-fa41-45aa-90a0-f2bb08ec43d0/Josh+Headshot.jpg Our Team https://www.optimistfund.com/invest daily 0.75 2024-06-24 https://images.squarespace-cdn.com/content/v1/5ce435d6bea1ed00016ba287/1558964652247-5MWXNMFZVOPGE4TY6U2Q/MHeiderich_ReflexionenZwei-05-copy.jpg How to Invest https://www.optimistfund.com/terms-of-use daily 0.75 2021-12-06 https://www.optimistfund.com/privacy-policy daily 0.75 2021-12-06 https://www.optimistfund.com/legal daily 0.75 2021-12-06 https://www.optimistfund.com/new-page daily 0.75 2021-12-06 https://www.optimistfund.com/performance daily 0.75 2026-03-13 https://images.squarespace-cdn.com/content/v1/6126534b004a8459bd33eb87/9138c80f-13de-48d2-b2dd-0eebc9830f00/Screenshot+2026-03-13+152618.png https://www.optimistfund.com/optimistfund daily 1.0 2025-10-30