5 ms·
In the 6 months before their IPO - Square had net revenue of $200 million and expenses of $260 million, also losing $10M/month. Would you have paid $3 billion
by mikeyouse 5y ago
In the 6 months before their IPO - Square had net revenue of $200 million and expenses of $260 million, also losing $10M/month. Would you have paid $3 billion in 2015 to own that business?
If you had you would've had a 30x return today... (current market cap is ~$112 billion).
- user5994461 5y agoThe large majority of the 30x return was over the past 2 years with the pandemic, which is not going to happen for Gitlab. God forbids if you bought square long ago and didn't hold long enough, they had multiple years of ups and downs. https://www.google.com/search?q=square+share https://www.google.com/search?q=square+share