Demaestro - 4:02 pm on Jun 3, 2011 (gmt 0)
LIA that is awesome!
maybe this is why I'm not a billionaire yet but I just do not understand how a company that lost 413 million last year and is on track to lose more money this year can be valued at $25 billion.
It is all about cash flow and eyballs, if you can run that much money through your doors and that many eyes on your site... even if you lose money, investors will give value to the cash flow and eyeballs alone.
I know it seems weird but in the business world it makes sense. Someone will always pay for the eyeballs you attract and you can always introduce efficiency measures to to the cash flow positive.