ZIP 0.88% $1.68 zip co limited..

Daily Price Movement / General Discussion, page-29315

  1. 717 Posts.
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    The question is if Z1P can sustain its growth. Theyve done it so far by throwing a huge amount of money at the problem.

    $75M in marketing expenses. I'll just use Sezzle as a comparison since its the closest peer to Quadpay, but they spent just $8M in marketing and they still got Target. Trying to compete with Affirm and Afterpay is proving expensive. They need first mover advantage, but they are too late. Mexico and middle East aren't exactly ideal, and Sezzle got to Canada first. Afterpay got to UK.

    In that regard, 10x revenues is reasonable. Afterpay is an industry leader after all.

    z1p needs a big client, the growth at their current burn rate is expensive.
 
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