Once again the Syntonic thread is overrun with negativity. We need to employ a full time shrink
I actually thought it was a fairly uneventful webinar.
Gary’s mention of Uber has definitely been misinterpreted. What he was trying to convey is that parts of Syntonic could be cash flow positive whilst other parts aren’t. In the same way that Uber is profitable in the USA but is running at a loss in China. I don’t think it’s the best example personally, but it does suggest he sees cash flow positivity in certain localities in our future. Also he means the early stages of our evolution as the land grab is being played out. Obviously expansion costs money. Though some of our partnerships are in fact white label, eg WX DATA in China. So it won’t be as costly as some are suggesting.
I do find it fascinating that posters want to see hockey stick revenue. Yet are angered by the necessary ‘land and expand’ strategy that is being employed to create the network effects, that will make this an eventuality. This is a tried and tested tech model: Grow first and monetise later. What’s interesting is in fact we actually are monetising right away. Think this is conveniently forgotten by a few posters.
I will admit one thing. Ben is less than inspiring. See I can be objective when it comes to Syntonic
Am I the only one who thinks he sounds like he’s reading cue cards?
And thanks Banksy for the tip, I did top up today!
Can’t wait for Dataflex(my favourite) and I think this traveller app could be much bigger than I previously thought. Though of course DYOR.
GLTAH
