The Information: What Investors Are Missing About Vimeo’s Potential

John Lammers, the CIO of Circumference’s Core Value Fund, was featured in an article by Anita Ramaswamy on The Information about Vimeo.

The full article can be found here. Please find an excerpt below:

John Lammers, chief investment officer of value investment firm Circumference Group, said Vimeo has “more valuable experience in the use cases they want to solve for” that incorporate generative AI tools, specifically in video. He added that the $300 million or so on Vimeo’s balance sheet could help it stay ahead by enabling it to acquire additional cutting-edge AI capabilities.

Lammers has been holding onto shares in Vimeo since he bought them for his fund in 2022. Although he bought in at about half of today’s price, he isn’t planning on selling out anytime soon.

“Vimeo can be perceived as a much bigger growth opportunity” than the market currently realizes, said Lammers, who believes Vimeo can achieve a double-digit top-line expansion rate in a few years’ time.”