lifehacker just released an article I like on why being an investor is important. Nicole Dieker makes many great points, offers some solid advice, and links to more helpful articles. Of note in my mind was the point: “You can’t save your way to wealth and not everyone can earn their way there. That leaves … Continue reading Investing = Good
When payday comes, who gets paid? You may have noticed that Uber has an upcoming IPO and they are worth up to $90 Billion. That’s ‘B’ as in “Boy that’s a lot of money!” That means a big pay-day for…investors. Not drivers. Not users. This valuation is despite the brand being deep in the red, … Continue reading What “payday” means
Last week we had the honor of presenting iConsumer at the ThinkEquity Conference. Companies like ours present at these conferences for two basic reasons. First, to help support their stock price. Second, to attract new investors. For us, it’s definitely the second reason. As I will keep saying, our stock price going up is lots … Continue reading ThinkEquity Conference Recap
I want people to make a killing speculating on iConsumer’s stock. But it’s a long-term killing. Nothing overnight.
From article: Major consumer-facing advertisers are desperate for ways to compete against Amazon…
We’ve published our 2018 year-end financial statements, our SEC mandated 1/K.
Obviously, it’s your choice when and if to sell (or buy). But, if you ask me, I’d say “don’t sell yet”.
What a story! It’s hard to turn on the TV these days without seeing an ad for Rakuten, the re-branded eBates. I would be very happy if our story turned out to be similar (if shorter). eBates was founded in 1998. It was sold, for about $1,000,000,000 (that’s Billion), in 2014, to Rakuten (a Japanese … Continue reading The journey of eBates / Rakuten
Rich guys win again – what about you? A large handful of highly unprofitable companies are going public in the near future. Lyft is just the first. And when they go public, a bunch of rich guys will get even richer. Nothing wrong about that, really…but sharing that kind of good fortune with ordinary people … Continue reading Lyft, Uber, and Unicorns everywhere
One of management’s most important responsibilities is ensuring that even if a key manager is absent, the show can go on. In a tiny company like iConsumer, that’s a real challenge. Every thing that each employee does is important, and there are hopefully no spare cycles being wasted. The best way I’ve ever heard for … Continue reading Continuity