Ann: Enterprise Sales & TCV Update, page-49

@mondyinvest, I've been following your posts for some months now and appreciate your dispassionate analysis and opinion. Similarly, I follow you on Twitter and appreciate your broader views on other equities. I invested in VR1 too hastily last October and have been sitting around mulling whether to cut my losses and place my capital elsewhere. What persuaded me initially to invest was that the company (at least as I understood it) were already delivering an operating profit (correct me if I'm wrong), so I figured VR1 would hold up alright as interest rates rose. As time has rolled on, I've come to feel that VR1 but it reminds me too much of my time in management consulting - lot's of frameworks and little substance. I sincerely hope that I'm wrong, and I appreciate the arguments of people like 10x to the contrary. However, while these arguments give me hope, they don't erase the red flags that would have caused me not to invest all those months ago (or at least to make a smaller speculative investment).