OK - so I'm dealing with the "defend it at all costs" crowd (I...

  1. 5,879 Posts.
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    OK - so I'm dealing with the "defend it at all costs" crowd

    (I have particular axe to grind, was on at 60c out around $2 - happy with that moved on glad you made more no big deal - but if you want to play the motive card that is fine)

    Let me spell it out to you simply:

    1pg looks great
    Appears as a major new HR proposition
    Extremely well connected - Branchout, BofAM, Amazon, Accenture etc
    Silicon Valley
    Striking multiple deals internationally
    Revenue yet to come but projected to grow strongly

    Etc you know the deal - all good

    MCap goes to close to $500mill - little to no revenue - so priced like it is about to make a huge dent in HR (no doubt revenue is coming, but a lot of work to justify on a value basis alone, this is total growth/speculation pricing here)

    LinkedIn the major connection for business leaders especially in Silicon Valley

    A comparatively modest amount of people following the business considering this speculation appears as a divergence to me - they should be extremely well connected at $500 million for this type of enterprise (I would have expected 5,000+)

    So I wonder on a few levels if this has not gotten well ahead of itself

    I could be wrong, but holding here I would as a shareholder be wanting to see very clear sign of tangible profits in the next few months

    Still like the story, need more concrete proof to re enter

    Good luck
 
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