Sonataxyz : You do realise their current cash is pretty much their net operating income for their operations since 1999.
JC88 Sonataxyz : bro last quarter net loss about $50.5 million, let’s say 1 year 200mil, 4b can last them at least 20 years bro. so they don’t really need to raise fund actually, i’m sure they are planning for something bigger for bils of cash.
PartisanAccounts : SNAP? Snapchat
Sonataxyz : You do realise their current cash is pretty much their net operating income for their operations since 1999.
JC88 Sonataxyz : bro last quarter net loss about $50.5 million, let’s say 1 year 200mil, 4b can last them at least 20 years bro. so they don’t really need to raise fund actually, i’m sure they are planning for something bigger for bils of cash.
PartisanAccounts : SNAP? Snapchat