Contrarian Corpus
Spruce Point Capital vs. Samsara Inc.

Samsara Inc. · IOT

1 deck published between 2023-09-21 and 2023-09-21 — 88 pages, 88 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. 2023-09-21 initial thesis

    2023 09 651d65ad8ea75c65300c3ef0_iot_research_thesis_9 21 2023

    88pp · full_deck

    Samsara is a commodity-hardware vehicle-telematics company masquerading as a premium SaaS growth story; aggressive accounting inflates margins and a 16x revenue multiple implies 45%-75% downside to $6.30-$13.90.