Buy HNMY @ $0.65 if you have the cajones. If there was ever a case of "be greedy when others are fearful" this is it. There's a good chance you'll lose it all but the potential is there if they can get it right. I like that they're adding more services like a premium for 3D/IMAX and front-row seats.
The Entire Economy Is MoviePass Now
51–60 of 245 posts
Re: The Entire Economy Is MoviePass Now
#52> The king of money-losers, of course, is Amazon, which went years without turning a profit. Instead, it plowed billions of dollars back into its business The key difference with Amazon is that Amazon could choose to be profitable at any time- just raise prices ever so slightly, reducing growth in customer demand, and the stop building out its enormous logistics empire and new businesses. Amazon could have had profit…
Yeah, I wouldn’t be surprised if they ended up the way CyberRebate ended up way back when they’d reimburse your purchase 100% on marked items (supposedly they’d take the money reinvest and then make enough to reimburse you completely..., ha!)
Re: The Entire Economy Is MoviePass Now
#53I'm curios the impact VC subsiding goods happens on traditional players in industries -- they can't compete because they don't have the luxury of operating at a loss.
Re: The Entire Economy Is MoviePass Now
#54Earlier quoted context omitted.
Blue Apron going belly up won't even create ripples. They are not in the same league as the other 2 companies you mentioned. Just saying..
Pets.com only had 320 employees when its IPO flopped.
It is a different era now. Top 6 most valuable companies are all tech now. Blue Apron has laid off more employees in the past year than pets.com had in total.
Re: The Entire Economy Is MoviePass Now
#55I am curious if this will end with a "bubble-burst" or a slow burn like twitter has experienced. Surely the money has to dry up sometime? It is too bad that none of these companies create any kind of net good for society like a startup that pays you over minimum wage to clean up a park or sort recycling.
from the article: “The fact that Google and Facebook were able to generate such enormous profits and growth does give hope to some companies,”
IF the bubble bursts, companies that seemed profitable might not remain so. companies like Facebook have made a fortune in advertising on things such as mobile (80% of its revenue), which to my knowledge really doesn't work. likewise a lot of desktop adds don't work, but many of these cash burning entities spend a lot on adds. so that revenue will disappear, then other people who want to sell adds can negotiate better prices or simply choose not to do so.
Re: The Entire Economy Is MoviePass Now
#56DELETED as a misreading of the OP.
Re: The Entire Economy Is MoviePass Now
#57> The king of money-losers, of course, is Amazon, which went years without turning a profit. Instead, it plowed billions of dollars back into its business The key difference with Amazon is that Amazon could choose to be profitable at any time- just raise prices ever so slightly, reducing growth in customer demand, and the stop building out its enormous logistics empire and new businesses. Amazon could have had profit…
Plus Amazon is Amazon. They've essentially been saying to investors for years "sure, we could make more money for YOU, or give YOU dividends, but WE can do better with your money than YOU could." It's worked, of course, enabling them to grow into the gargantuan enterprise they are today. A smaller company without that proven track record wouldn't get such a license from investors for long.
Wasn't Amazon doing that in their early days, when they didn't have a track record?
Re: The Entire Economy Is MoviePass Now
#58> The king of money-losers, of course, is Amazon, which went years without turning a profit. Instead, it plowed billions of dollars back into its business The key difference with Amazon is that Amazon could choose to be profitable at any time- just raise prices ever so slightly, reducing growth in customer demand, and the stop building out its enormous logistics empire and new businesses. Amazon could have had profit…
Raising prices would solve lots of problems for Amazon. They’d lose some market share, reducing the monopoly accusations. Most likely companies are going to face increasing pressure to do something about inequality levels, so maybe a $5 / hour (hopefully more) pay raise for their 28k a year warehouse workers could also be in the store.
Not sure how many workers would be impacted but it could cost more than a billion dollar per year. Salary is probably is primary expense of Amazon, like any large company.
Re: The Entire Economy Is MoviePass Now
#59I wonder if this is a bubble that's going to burst eventually. With so many ships sinking and so much optimism being for naught, investors might grow tired of the game and stop investing so aggressively, perhaps shifting things too far to the other side of the spectrum.
The article implodes when you actually start comparing the scale of what the article is basing itself on to anything else.
The US economy will hit $20 trillion in GDP this year. The article is built heavily upon a few dozen IPO listings for just one year.
With US business profitability at essentially record highs for all sizes of business, the article is going to comical lengths to present a false headline.
If we had 500 unprofitable tech companies pulling an IPO in 2017, that would mean something. 30? That's not even a rounding error in the US economy and it obviously says nothing about the ability of those companies to reach profitability.
One year also does not make a trend. The number of unprofitable tech listings in 2015 and 2016 was similar to: 2001, 2005, 2007, 2011, 2013.
Re: The Entire Economy Is MoviePass Now
#60> The king of money-losers, of course, is Amazon, which went years without turning a profit. Instead, it plowed billions of dollars back into its business The key difference with Amazon is that Amazon could choose to be profitable at any time- just raise prices ever so slightly, reducing growth in customer demand, and the stop building out its enormous logistics empire and new businesses. Amazon could have had profit…
It is not just that Amazon could or could not turn profits at will.
Turning a profit (paying dividends) or reinvesting is a decision every investor relations team must make, simplifying the subject it is based on whether you predict your company will get the investor more money (by stock price growth/future dividends) than if he invested in other equaly risky set of assets.
I don't believe this is the case for Moviepass.