Silver Slam, page-73

relax Frankie
- is this industry “a bubble” as you say? No
- I invest in a lot of industries. You probably do too. So how many of those industries are you personally a deep expert in? Do I need to be a doctor to invest in a biotech? Or a geo to invest in mining exploration? Or an economist to invest in gold? Most of us here are contrarian investors who understand trend and risk/reward. Kids are a signal, oh,  as is the fact that esports is already a billion dollar industry
- be more objective. What are you specifically critical of with ESH specifically...
- Their sponsors & partners? (Singtel/Razer). Plus great campaign event and JV exposure 
- The platform (still in beta and after 6 weeks at one million users).
- Their utility (consol, mobile, PC, play or watch, wide selection of games)
- monetisation? (the higher the user base the greater the inelsaticity of price, so it will come - in economics you benefit to wait for early adopters to make way for the mass tipping point - my personal opinion only is ESH would benefit from getting critical mass of users first before monetising. Get the users and behaviour!!)
- the current market cap or value or depressed share price? <$30m in MC is cheap given the scale of users this could support. Leverage the cheap share price while it lasts

in summary, the company has more work to do on driving user base, but to date they have been executing perfectly. And keeping agile as they collect insights and do more deals. The team at ESH are working hard and smart. This is a great risk reward in a growing industry and ESH provides great exposure if looking in ASX. Be patient and give it 6- 12 months before we judge
cheers
pez