Rough day, can see why people are getting frustrated.. Another company that used a similar IP based model which took a slow start to gather momentum is ARM. I realize it is a pretty loft comparison but that's all it is, excuse the old slide but it's a simple diagram that highlights a similar stage that I believe we are at.
The tapeout announcements with global foundries and renesas back in december are enough to keep me here. It takes time... If you bought in off the hype and above $1 well there could still be some pain, I'm not in that boat so happy to wait this out. I'm kind of glad the meme train investors are getting flushed out.
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