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The vast share price growth since the rebrand and Cash App launch seems like a legitimate target if the app is in fact bullshit. They're not saying the company
by mst 4y ago
The vast share price growth since the rebrand and Cash App launch seems like a legitimate target if the app is in fact bullshit.
They're not saying the company is worthless, they're saying it's overvalued currently because most of its current share price is a result specifically of Cash App.
Their proposed actual valuation is quite a long way from zero and entirely consistent with them thinking the other products are at least somewhat solid.
(the title on here could probably do with editing, but that's a separate matter)
- stouset 4y ago> The vast share price growth since the rebrand Uh, the price at rebrand was 194.50. The price at close yesterday was 77.46. That's a 60% loss, not "vast share price growth".