4 ms·
https://wolfstreet.com/2017/11/07/how-can-a-company-once-worth-30b-lose-443m-on-just-208m-in-revenues-heres-how/ https://wolfstreet.com/2017/11/07/how-can-a-com
by jmbrook 9y ago
https://wolfstreet.com/2017/11/07/how-can-a-company-once-worth-30b-lose-443m-on-just-208m-in-revenues-heres-how/ https://wolfstreet.com/2017/11/07/how-can-a-company-once-wor...
Has a fairly bleak write up. It makes the point that if enriching the founders is the aim they are doing pretty well.
- Quarrelsome 9y agoI love that sales projection that demonstrates some people are unaware that there are potential uptake numbers lower than 1% :D. > "Even if only 1% of people buy them we'll still profit!"
- dagw 9y agoI love that sales projection that demonstrates some people are unaware that there are potential uptake numbers lower than 1% "The number smaller than 1 is 0, and we're obviously going to sell more than 0" ;)
- tim333 9y agoThe people who made that projection are pretty aware. They are sales guys trying to push the stock.