So your buying a business, say Ferrari, you visit the factory and go to the production line, “strewth this is expensive look at all the cash we are spending here”, but sir we have 1000 Ferrari’s already built upstairs in the show room, “ bugger off, this businesses doesn’t make money , you just spend money”!!
So you have no valuation for all the content?? Then all of your calculations for valuation are way out. I think you know that though!!
Cheers
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