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Great article in todays oz, page-65

  1. senator2004
    6,913 Posts.
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    03/09/15
    21:16
    Post #: 15932388
    Yet again another  "NO REVENUE"  no MC is viable...

    How many IT companies out there worth Billions $$  but yet generate no or very little income...  Quite a few.
    GOOGLE was one of the first, value now ???
    Twitter - No income at start, now $38B valuation..
    Snapchat and Pinterest ZERO income, valued at $Billions...

    PSY has future income sales, and more to come...

    http://www.*.com.au/why-companies-with-no-revenue-get-valued-at-billions-of-dollars-2014-1
    Last edited by senator2004: 03/09/15
    PSY Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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