Plenty of digital toilet papers for the next Covid.

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noramando

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16/10/23

16:52

Post #: 70371505
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Originally posted by LordNigel: ↑

i don't have the answers but here's some simple thoughts. for the most part I share the sentiment (sux)..

1) Why would google bother to sue for a miserable $2M or what ever the figure was.. just doesn't make sense, that's not worth the effort.. it's more likely one of those early non profitable mid sizers that nadan dropped during pivot.

2) someone mentioned too many parties and wages for mates - I see this as a bit of a left over thing from Brad but also Nandan didn't clean house enough, instead when against a wall, did what Nandan does - find a buyer. the party people will be sad as no one will hire them hearing where they came from. the hard workers will be kept on by motive

3) the buyer motive isn't going to blow $50M on a risk asset that's not worth at least $50M .. they will clean house and get rid of all the partying execs whom didn't pull weight.. this is actually positive at this juncture in my view.

4) as I said msv wasn't based on google (google was the hype to try and keep SP up. i suspect Oct result show decent jump in line with projection (all hopes will be on Xmas quarter though of course).

5) when a company tries to build something that's not been done before and so on global scale and obsess with breaking records with growth - they ultimately explode or right size for a bit and then try and grow again. we are the later

I'm leaving the majority of my shares in the drawer as it doesn't change much for me - a very risky investment, with an adjustment plan here --- this is a 3rd major shot for this company and last strike and it's out.

it's a shame as the concept is good .. I think anyways

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Plenty of digital toilet papers for the next Covid.

SPT Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
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