AFR article, page-81

Glad I sold out before the downturn.

The problem I have with this company is the product and the hype over the addressable market don't match.

Out of all the people who would pay for a VPN, how many would pay for a VPN which is compliant with meta data retention? This defeats the point of a VPN for many many people (because lets be real, Australians pirate or get around geoblocks all the time).

How many people will pay for something that speeds up data when they are already on wicked fast 4G connections?

How many people will pay for something that reduces data usage when they already have multi gigabyte monthly allowances, or wifi in most cases?

To me, the addressable market is in wifi security for when you are connecting to a risky network. That's all this company is offering, and even though they do it well, the addressable market for that product is small.