Young investor,the signs were there ,but If I remember you ridiculed me, but I am glad I sold at 5.5 and will never buy back in, as the management has lost my belief, and as you said " the capital raise was on poor performance"
What gives anyone any confidence on anything they now say, and as for taking on LivePersons, I believe that is another dream, do you think a $5b company just sits still and is not continually looking at improvements-- and they can throw a sheeeetload more than $5m at any new venture and get it done in far less than up to 2 years.
How can we believe that management will deliver on what they say, when, to date very little has been accomplished, just hype and capital raising and the prospect of another year to two of burning funds before any positive cash flow.
I believe another risk is when Dom leaves, or was he, and I believe pushed, or maybe just happy to leave a sinking ship, he may well sell and focus on his new business.
All in all happy to be gone, never to return.
Expand
