Despite a growing cash burn rate, other factors hint at the company's promising trajectory. With a sensible cash runway and a low cash burn to market cap ratio, securing more funds for expansion shouldn't be an issue.
Based on comprehensive media reports, I compiled a list of some institutions with deposits in the bank for your reference.$SVB Financial (SIVB.US)$ ROKU: 26% cash, $487 million in Silicon Valley Bank.$Roku Inc (ROKU.US)$ BLOCKFI: According to a bankruptcy filing, BlockFi has $227 million in "unprotected" funds at Silicon Valley Bank, possibly in violation of U.S. bankruptcy law. RBLX: Roblox says 5% of its $3 billion cash and securities balance is held by S...
Fortune88
:
what am I supposed to do with this? I'm very confused still on how to approach anything since no body still will guide me towards what to do correctly.... and misleading me constantly still
Sam Vandersey OP : As I expected, earnings good. Let us see it rise 1495 tomorrow. TPL, you are amazing.
Mr Glover is the best CEO out there!