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Common but it's one of those things that should come with a label on every single ticker or such. As it stands, without any plan or goal to become profitable, i
by agloeregrets 6y ago
Common but it's one of those things that should come with a label on every single ticker or such. As it stands, without any plan or goal to become profitable, investors should acknowlege that they are incurring extreme risk and are investing on concepts outside of any actual plan to eventually turn a profit. To top it all off, they are just crawling Google. Google could potentially shut their entire game down any day. In a different era's market I would expect the SEC to shut it down and ask 'Why are you IPOing?' and 'Is this an attempt to exit from a failing business by misleading investors?'.
- shakezula 6y agoThat last one is really the kicker here. It's hard to interpret this any other way outside of the current tech boom than "We're failing, have been for years, and are looking for a lifeline here to float us a little further down the river." I sometimes can't tell if this is just the bright spot right before total collapse, or if we've just entered a completely new business paradigm.
- tyingq 6y agoWhat numbers are you guys looking at? They lost $7M on $125M of revenue. Compared to losing $10M on $92M the year prior. It's not insanely far away from being profitable.
- ianhawes 6y agoFWIW companies like SEMRush have been scraping Google for years now and have become insanely good at it.
- tyingq 6y agoSemrush, Moz, Ahrefs, and others have been scraping Google for more than a decade. I suspect whatever system they have for scraping Google is pretty robust and spreads risk out over lots of different types of proxies.
- nora-puchreiner 6y ago> Google could potentially shut their entire game down any day SemRush CEO said that Google would rather sponsor them than shut down. That kind of analytics increases Google's sales, but Google cannot run such a product without conflicts of interest (providing one ad-buyers information on what doing their competitors).