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Angi Inc.

ANGI pitch long 2nd ($50k) Bill Henry, Tom Moore, Dickson Pau
Columbia Business School · Pershing Square Challenge

No thesis text was extracted for this pitch.

Did it work?

failed confidence: high

The pitch was a long call, but the stock declined 96.4% over the ~5 years since the pitch — a near-total loss of capital that decisively contradicts the long direction. With the full multi-year horizon elapsed and the price outcome catastrophic, the thesis clearly did not play out. The thesis text itself is empty, but the price result alone is unambiguous.