Equity Research on a Hospitality Software Company at Jay Desai

Meet worked as an equity analyst at Jay Desai Consultancy, a proprietary fund run by Jay Desai. One of the stocks he covered was a company operating in online marketplace and marketing software for the hospitality sector.

His primary contribution was on the industry research side. He mapped the competitive landscape, assessed the growth prospects of the hospitality software market, and evaluated the structural dynamics around the business. He also contributed to the financial modeling, though the final valuation was adjusted and owned by Jay Desai.

The process involved a close working relationship with Jay Desai, where Meet would form his own view and then stress-test it against Desai's perspective. The experience sharpened his understanding of how different analytical lenses can produce different investment conclusions, and the importance of holding a view while remaining open to revision.