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This is an example of the same thing being worth different amounts to different parties, and the equivocation leads to comments like this thread. If Apollo's u
by Domenic_S 3y ago
This is an example of the same thing being worth different amounts to different parties, and the equivocation leads to comments like this thread.
If Apollo's userbase was actually generating $20mm/yr, acquiring Apollo for $10mm is a no-brainer. But if that were the case, keeping Apollo running as it is would also work.
Obviously this is not the case. Apollo is confusing costing $20mm with generating $20mm.