(Total Views: 499)
Posted On: 10/01/2017 4:08:46 PM
Post# of 96892
And a much bigger market cap, better financed, not having people interfering with their business and not on the OTC.
"Roku previously raised more than $200 million in venture funding. Menlo Ventures was the first investor and largest stakeholder, owning 35.3 percent of the company leading into the IPO."
Generating revenue yes and not profitable yet ..
"The company brought in $399 million in revenue last year, but was unprofitable with losses of $43 million. 2015 revenue was $320 million and the company was in the red for $38 million."
And like any other investment in the business space......a risk like any other stock.
"Depending on the share performance in the coming months, it will be more apparent whether this was a $125 million mistake."
GL
"Roku previously raised more than $200 million in venture funding. Menlo Ventures was the first investor and largest stakeholder, owning 35.3 percent of the company leading into the IPO."
Generating revenue yes and not profitable yet ..
"The company brought in $399 million in revenue last year, but was unprofitable with losses of $43 million. 2015 revenue was $320 million and the company was in the red for $38 million."
And like any other investment in the business space......a risk like any other stock.
"Depending on the share performance in the coming months, it will be more apparent whether this was a $125 million mistake."
GL
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