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I'm not an expert, but by all accounts the financials for them are somewhat grim: http://www.forbes.com/sites/benkepes/2014/03/24/boxs-ipo-revenueexpenditure-mi
by tdicola 12y ago
I'm not an expert, but by all accounts the financials for them are somewhat grim: http://www.forbes.com/sites/benkepes/2014/03/24/boxs-ipo-revenueexpenditure-mismatches-and-the-cult-of-growth-at-all-costs/ http://www.forbes.com/sites/benkepes/2014/03/24/boxs-ipo-rev... They're spending more in sales than they're making back in revenue (nevermind profit). Building a company around spending $2 to make $1 isn't good for the long term (ask Groupon how that worked out for them).
- mikeyouse 12y ago> (ask Groupon how that worked out for them). They're a $5B company four years after their IPO and are selling ~$2.5B annually.. not the failure that people keep representing.
- jhonovich 12y agoTheir revenue is flat and they make no profits. That's pretty terrible in this market. http://finance.yahoo.com/q/is?s=GRPN http://finance.yahoo.com/q/is?s=GRPN