as i said before, this is a start-up with a scale-or-bust strategy. it is burning a$2.5m/month, with a 12 month runaway before its a$38m runs out. while a long way from being amazon, its mktcap/sales are <1x (amazon at 3x) suggesting at these levels, valuations are cheap by any means for either a start-up or any e-commerce play.
as i said before, this is a start-up with a scale-or-bust...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
