Ron Baron Comments on Krispy K

We also added to our positions in Spotify Engineering S.A. and Krispy Kreme, Inc. (DNUT, Economic). Equally businesses have huge addressable marketplaces with powerful brands that really should allow for them to just take substantial current market share in excess of time. We believe that they are both equally properly financed and should create important money to continue on investing in their organizations for even further growth.

From
Ron Baron
(Trades, Portfolio)’s Baron Concentrated Development Fund initially-quarter 2022 letter.

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