3 ms·
Market cap is a psychological construct. It will not help you when you're already bleeding cash and your cash flow suddenly goes sharply negative. It's entirely
by stickfigure 7y ago
Market cap is a psychological construct. It will not help you when you're already bleeding cash and your cash flow suddenly goes sharply negative. It's entirely possible that this calamity will kill off some very large companies (by any metric) that have been operating in the margin.
- cjhopman 7y agoSure, but it's a good argument against calling something a "small upstart".