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Campaigns / Kerrisdale Capital → CoreWeave, Inc.
Kerrisdale Capital vs. CoreWeave, Inc.

CoreWeave, Inc. · CRWV

1 deck published between 2025-09-01 and 2025-09-01 — 30 pages, 30 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2025-09-01 initial thesis

    2025 09 Kerrisdale CoreWeave

    30pp · research_note

    CoreWeave is a debt-fueled, undifferentiated GPU rental stopgap with 71% Microsoft concentration and sub-WACC returns; fair value is $6–13, or 88–95% downside.