NEA 0.00% $2.10 nearmap ltd

Nea is going up why ?, page-73

  1. 2,683 Posts.
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    Good to see that there an minimal complaints on the technology itself. It does appear that negative feedback centres around poor work/life balance and large expectations placed on them by the CEO. IMO i'd rather see negative comments on being pushed too hard than on the technology itself. Adleast we can rest easy that the staff are getting driven over there to produce results! I do wonder if Americans are likely to see the advantage of this technology and correlate that to having to pay a premium for it (over free services such as Google etc). I see progress over there happening two ways at the moment:
    -exceptionally well (and they are doing their usual poor reporting on the ASX)
    - Poor sales and not at the level they were hoping to be at.

    It seems that Simon is a 'all or nothing' CEO, so I'm hoping they are killing it over there as it does appear that slow and steady growth would not sit easy with him, reflecting largely in the bad comments. Would be good if we had anyone in know in the states!
 
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