if you're holding on the principal of hope that this geforce thing is eventually going to make some money and have not been reading their financial reports, just wow.
Just on their financials alone, this is literally the most risky time to invest into this company. They are not even close to a positive ebidta, let alone cashflow positive. If the geforce side of the business is a boat anchor, a bit like the esports part of the budiness, then it's something that they will need to possibly let go and look at starting again, when the market is in a better environment for doing capital raises for these types of experiments.
With current trends, they'll be bankrupt before the geforce side of the business properly takes off, with paying subscribers. They are going to have to be more brutal with who they allow to use the platform, rather than have majority jumping on for free. Then we'll see how serious the industry is for keeping it alive.
5GG Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
