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It is a message intended for investors, not end users.
by nicolaslem 1y ago
It is a message intended for investors, not end users.
- gmerc 1y agoBingo. It’s like John Riccitello, CEO of EA fantasizing to investors that gamers would swipe their credit card to reload their guns in battlefield. It’s virtue signaling and it is always a sign of desperation, not opportunity
- jxjnskkzxxhx 1y agoAren't they profitable? Why do they need investors? You need investors when you're not profitable OR if you need cash to pursue new things. Also..., they don't have private channels to investors that they can use, instead of broadcasting everything to everyone? Not sure I believe that.
- rchaud 1y agoManagement doesn't get a cut of the profits, their bonuses are based on the market value of the stock relative to the strike price of their stock options. It's also easier to pump the stock price than it is to grow profits, especially if you are a 'tech company' instead of a stodgy education company.
- jxjnskkzxxhx 1y agoI understand, you're saying they're hyping the stock. You might well be right. It's just that when someone says "it's a message for investors", that's not what I think at first, but yeah.