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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-425

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    I tend to think this type of companies should stay private. Quarterly expectations/pressure is not compatible with where they are on the growth path. It's extremely difficult to manage, and disheartening for employees when things go down so much, so fast. If the company was private, they would spend less time trying to pretend everything is awesome and focus on making sure they have the adequate runway. I hope this volatility does not crush them. My sentiment is still the same though. Could dive further before showing real progress in a few months. Looking to restrike part of my position 20-30% lower.
 
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