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Maybe it has more to do with their financial sheets than just mktcap? They both seem to be good at losing money but Pintrest has a few hundred million more in
by sigmaprimus 6y ago
Maybe it has more to do with their financial sheets than just mktcap?
They both seem to be good at losing money but Pintrest has a few hundred million more in cash to lose atm.
Pintrest's revenue is almost double that of Yelp, im sure that gets compounded through speculation.
I wonder if it may come down to how each earns their revenue.
Is it possible that during the current pandemic many of Yelps customers and potential customers are facing financial hardship?
And in turn is there a chance that with all the home baking, crafts, homeschooling etc. that is currently seeing a boost from the social distancing and lockdowns might cause Pintrest to look like a better bet?
I'm no expert just my thoughts, I could be way off. I bought silver a couple months ago and have watched it lose 12% for no apparent reason.