WFM 0.00% 3.9¢ webfirm group limited

I love this!!!!!!!!!!!!"When I consider early stage investment,...

  1. 6,072 Posts.
    I love this!!!!!!!!!!!!

    "When I consider early stage investment, it’s a long-term proposition. Most technology companies take many years to develop. Hitwise took 7 years to really hit its straps, and we sold it after 10 years. Computershare started in 1978, listed on the ASX in 1994 with a market cap of around $36M and 16 years later hit a market cap of $6B. Seek.com.au started in 1997. They lost $20M over five years before they started to break even. At that point they had less than $20M in revenue.
    Good things take time, great things sometimes take longer. So what do you look for in an early stage investment? Why invest in Webfirm now? Speak to most investors in early stage companies and they will say the same thing. You invest in the people. But there are other ingredients that define success in an early stage business."


    What about the thousands of companies that never made it?
 
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