LoginSignup
image de profil
Malte@Malte123
1Sem.
How "massive" is the basis of the software business?
•
4
•
image de profil
Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin
1Sem.
@Malte123 That was my first thought too! Software business is ridiculous and almost completely negligible.🤷🏼‍♂️
•
4
•
image de profil
Brandon90@Brandon90
1Sem.
@All-in-or-nothing The software business is self-sustaining, i.e. it pays for its own employees and infrastructure at almost 100 %.
••
image de profil
Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin
1Sem.
@Brandon90 in relation to MarketCap, growth from "own" strength and not only via asset revaluation (which btw are not cash-effective, i.e. bring 0.0 for the cash flow), the actual core business is a joke. You need exactly 1 employee to accumulate Bitcoin...
•
1
•
image de profil
Brandon90@Brandon90
1Sem.
@All-in-or-nothing I don't think investors are buying the shares because of the software business. It just runs with it. The software business gives the company the status of an operating company instead of an investment fund. This is legally important in order to remain listed in certain indices such as the MSCI World or NASDAQ...
•
1
•
image de profil
Malte@Malte123
1Sem.
@Brandon90 The article presents it as if the software business is significant. But it doesn't, apart from the legal aspects as you say.
•
1
•
image de profil
Brandon90@Brandon90
1Sem.
@Malte123 well, maybe the software will become the second Palantir 😂
•
2
•
image de profil
Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin
1Sem.
@Brandon90 you, that wasn't against you at all, just the presentation in the post, which sounds as if the core business is super relevant and would contribute massively to the overall business.
•
1
•
image de profil
Brandon90@Brandon90
1Sem.
@All-in-or-nothing I agree with you ☺️🫱🏽‍🫲🏻 it could be misunderstood. It's like saying Waymo is the driving force behind Alphabet 🤪
•
1
•
image de profil
Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin
1Sem.
@Brandon90 That's exactly what I was getting at🤝😉😅
••