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11:55
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Originally posted by z man
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This investment has the potential to become the next Menulog which was sold for $855 million on a multiple of 17 times revenue of circa $40 million. Here are the similarities between Clipp and Menulog:
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The possible big advantage of clipp, which i pointed out many moons ago, and which was also mentioned by a board member... That is, there is the possibility of avoiding paypal and credit cards by using Direct Carrier Billing. There are a few hurdles to making this happen, but it is a possibility. That would allow margins to considerably increase or at the very least give more value to MBE.
