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What their current (advertising) revenues ($3.1bn?) are is only one piece of their valuation; their future growth depends also on whether you think they'll add
by smcin 2y ago
What their current (advertising) revenues ($3.1bn?) are is only one piece of their valuation; their future growth depends also on whether you think they'll add micropayments and get regulatory approval. If they did, they could pass out Patreon, Substack, Medium, Locals, Rumble et al. for direct subscriptions to written, audio, video and mixed bloggers. And get a slice from TikTok, YT, IG, maybe Twitch.
- ggm 2y agoOr not. Monetisation always carries risk of bleeding customers and that's before a company has redpilled itself usually. Surely no serious finance wants in on this without either huge interest payments for risk, or significant control over Auric Goldfinger?