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- -- Foo
- ---- Demand Media Files For IPO
Sgt_Kickaxe - 7:01 pm on Aug 7, 2010 (gmt 0)
I was going to say the same, if it was so profitable it wouldn't be going public.
I'd be weary about investing in a company who's claim to fame is "unique content" because if they dominate in any fashion they can and will be copied by people willing to do it for less.
From the filing
|Loss from operations over the first half was $4.3 million. A year ago, that figure was $11.4 million. |
The company generates "a couple hundred million dollars worth" of unique content a year, just like every other major site is doing. Gotta love the "unique, just like everyone else" factor.
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