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Campaigns / Spruce Point Capital → Progyny, Inc.
Spruce Point Capital vs. Progyny, Inc.

Progyny, Inc. · PGNY

1 deck published between 2023-02-07 and 2023-02-07 — 100 pages, 100 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. 2023-02-07 initial thesis

    2023 02 64e79258baae2437751fb9a3_pgny_research_thesis_2 7 2023

    100pp · full_deck

    PGNY is a $3.1bn fertility-benefits manager run by ex-WebMD/Medical Manager executives whose marketing claims, treatment model and 2023 growth are disputable, implying 60%-80% downside to $7-$14.