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Afterpay Valuation, page-3340

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Andredamus1

2,146 Posts.

534

04/09/20

06:23

Post #: 47075536
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Originally posted by PigsMightFly: ↑

This is not at all borne out by Afterpay's actual figures.
That's because it is a long term trend. it won't appear after just one year.

However every year the long tail (left hand side) of low spenders will increase. This is an irrefutable mathematical fact - not conjecture. Eventually it will destroy the business.

That is why store cards and CCs always have account fees and/or minimum spends. There is no other option (apart from forcibly closing accounts).

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As I said, it will be many years (if ever) before Afterpay's average customer spend plateaus. Gad we agree.

APT Price at posting: $83.79 Sentiment: Hold Disclosure: Held
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