A company that is losing hundreds of millions of dollars a year will be sold for billions.
I have got to recalibrate my calculator.
Only if they are crazy. Been following Twitter stocks and articles about it for at least a year, They tried EVERYTHING to monetize it and they failed.Do you guys think Google will lap it up?
So as long as someone tells they are making a loss, they can hype up what growth could be, without getting busted by SEC,FBI or FTC?
A company that is losing hundreds of millions of dollars a year will be sold for billions.
I have got to recalibrate my calculator.
This is Wall Street Style of business. Just keep growing your revenue even at the expense of losing money. Then raise more funding from the public. Eventually break up the Company into separate entities and dispose the toxic asset. Purchase another Company or existing business, write a good story about it then raise funding again. Eventually do a stock split to raise even more money while diluting the share of existing shareholder. At the same time issue corporate bonds. Take these toxic corporate bonds and tied up with triple A rated bonds, sell them to the investors as structured investment grade product. See easy right? More money and no worries about losses.
Nice blackhat way to make money lol.A company that is losing hundreds of millions of dollars a year will be sold for billions.
I have got to recalibrate my calculator.
But a presidential candidate is using it religiously, it must be valuable, right?
"If you have a billion user, don't worry about making money" - Eric Schmidt
I'm sure their losses is because they haven't got a billion users yet.
A company that is losing hundreds of millions of dollars a year will be sold for billions.
I have got to recalibrate my calculator.
That's modern capitalism where banks can print money.
A soccer star is sold for 200 million Euros....
To me it's all virtual money which makes zero sense, but my younger friends tell me it's all perfectly normal.
Only if they are crazy. Been following Twitter stocks and articles about it for at least a year, They tried EVERYTHING to monetize it and they failed.