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This should be an obvious warning sign. Someone whose core business is losing money is trying to recoup them in an area that they have no clue about. This is
by chewz 7y ago
This should be an obvious warning sign.
Someone whose core business is losing money is trying to recoup them in an area that they have no clue about.
This is a typical guy who feels pressure so he buys at the top and puts his money based on recommendation of others in a business that is going to be next big thing. A typical sucker in other words who will end up penniless.
Poor Saudis.
- goatinaboat 7y agoPoor Saudis. They should invest in nanotechnology, and make the world’s smallest violin.
- jakoblorz 7y ago> This is a typical guy who feels pressure so he buys at the top and puts his money based on recommendation of others in a business that is going to be next big thing Well that is how the current VC market works - sadly
- usecontainers 7y ago>> Someone whose core business is losing money What, oil? Go look up the average barrel cost for Saudi oil (hint: it's less than 2 lattes). Demand needs to drop to essentially zero before renewables are competitive with their oil. They are not losing money.