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Well they are saying that Block is enabling crime and skirting regulations. Considering the overall regulatory climate change in the wake of SVB there is going
by heisenbit 4y ago
Well they are saying that Block is enabling crime and skirting regulations. Considering the overall regulatory climate change in the wake of SVB there is going to be impact on what they still can dare to do in the future. Growth limit #1. Then they are pretending to be small and thus demand big fees. If that stops profitability will be hit big tome. Growth limit #2. And their user numbers seem to be inflated. Growth limit #3. They are serving criminal niche market and are facing in general markets well capitalized and strongly growing competitors. Growth limit #4.
Now what is a reasonable price earning ratio for such a business?
- hef19898 4y agoEhat did Baum say in the Big Short? Zero? Or at least somewhere close to it.