He is just repackaging information we've had for a long...

He is just repackaging information we've had for a long time.

We know we paid a premium for Kaddy, but we acquired high level talent, a great product and market share.

We know our staff costs and cash burn are something they need to improve on. Integrating Wine Depot and Partons with Kaddy will create savings and boost revenues.

Crying foul about goodwill is foolish, businesses are valued with goodwill. Banks lend money for valuations that include goodwill.

Everyone seems to have forgotten that this is a tech startup that is highly scalable. Higher volume unlocks profits.

This is just another person who has taken a quick glance at the balance sheet without any consideration for future growth and efficiencies.