82% imo is incorrect. I believe this number will be much higher. The things that will become available in the future will change this number massively.
There's two factors that will affect this; the technology available and the users.
Factot 1: The technology is rapidly changing e.g. Snapchat is almost all video now.
Factor 2: The users, imagine in even 5 years the younger generations getting older and a new generation starts using the tech. All they will know is video. They growing up only knowing "new tech" or in this case, they grow up knowing mainly video.
Online shopping for example will more like be people trying on clothes with VR or AR.
The internet will be more like 92% video imo. If you think a platform that showcases destinations through video is a dead idea then by all means steer clear of this business. On the other hand if you think there is something to this business and you think management can pull this off...
- Forums
- ASX - By Stock
- BIG
- How FC financing works for BIG
How FC financing works for BIG, page-217
-
- There are more pages in this discussion • 225 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online