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Cautious_Rutabaga328 t1_iydbrmj wrote

Swear someone whined that they caught the financial equivalent of Monkey Pox when buying in at the IPO, yesterday...

3

sowalgayboi t1_iydbrmn wrote

Most gay guys hate it, something will likely replace it.

2

VisualMod t1_iyda30w wrote

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1

VisualMod t1_iyda3w8 wrote

>There are a few reasons why I believe GRND is not a buy right now. Firstly, the company is highly dependent on its user base and if that were to decrease significantly, it would have a major impact on revenue. Secondly, while 150 million in revenue is impressive, it's important to remember that this figure includes both users who pay for the app and those who use the free version - so it's possible that actual profit margins are much lower than we think. Finally, given the current state of the economy, people may be less likely to spend money on non-essential items like luxury travel apps - meaning GRND could see a dip in sales even if their user numbers stay steady.

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Windermere4 OP t1_iydarzo wrote

Thanks appreciate it, yeah those concerns I’m tracking and don’t seem like high risks to me. Margin seems great. I don’t see users leaving. And I think it would do fine in a recession and actually used more as opposed to expensive dates. Thank you though wanted to make sure I’m not missing something!

1

OSRSkarma t1_iydbhbp wrote

Because you got caught holding the bag

Unlucky

1

Windermere4 OP t1_iydbnye wrote

The bag feels nice rn

1

OSRSkarma t1_iydbs1u wrote

Clearly, as you desperately try to get people’s attention. How about writing a DD or actually posting your play instead of this

1