ps GR,another excellent example ,compare trading post to say autohome or even sou fun. sou fun and autohome already chinese market leaders in real estate and carsales,one no1 the other was no2.Proven management established websites so trujillo takes approx 70% interest in one and a 60% plus interest in the other but leaving enough incentive for founders to stay on and run the business. Telstra should have learnt from this on what telstra should b doing. Oooyala is what happens when tls takes full control. Trading post,a failing business model like sensis and fairfax,but like sensis and fairfax it had the potential to develop but 'again' this is not what tls can do tls should provide the finances and where obvious its global network infrastructure access.. Tls has a pulse but just. As posted i think,tls ventures and especially harborvest are clearly capable of buying material interests in a variety of global opportunities,I hope tls ventures has never approached telstra for finance tls ventures to partner with harborvest to take a 'material' interest in a specific global opportunity only for telstra to say no..
TLS Price at posting:
$2.98 Sentiment: Sell Disclosure: Not Held
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