Does the 8x revenue include the market cap increase for the CR? For a loss-making company you expect much higher growth rates and a clear plan. Seems like TNY are searching around for what to do, it's not clear to them even. I just think if you can't see a clear growth strategy why invest? Every investment is an opportunity cost and there's much better out there.
Don't think just because you or your family/friends use the product that it's going to be a hit worldwide. The problem is, their revenue per user is so low. So to compensate they need 10x more users fast. Can't see it happening as it's not an essential app even though it does serve a purpose.
TNY Price at posting:
$1.90 Sentiment: None Disclosure: Not Held
