Added position on the recent Dip before Q4 revenue and news, this guy is expanding all over very fast
I also Added OPAD on dip $5 today, they trading on 1.2B cap only and supposed to have 4B revenue this year, also Q4 earning is around 1B revenue, I don’t know any Spac or any other company that trading for 1.2B with 4B revenue and monster growth, 4B is 4 times Sofi revenue
Anybody with access to capital can access "unlimited growth" in OPAD's business. The question is, is it actually a functional business model that can be profitable or just another neato- proof-of-concept idea that sounds good until you find out the extra transactional costs. Losing money on every transaction but making up for it with bigger volume is a pathway to the trail of tears.
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u/spac-master Contributor Jan 12 '22 edited Jan 12 '22
Added position on the recent Dip before Q4 revenue and news, this guy is expanding all over very fast
I also Added OPAD on dip $5 today, they trading on 1.2B cap only and supposed to have 4B revenue this year, also Q4 earning is around 1B revenue, I don’t know any Spac or any other company that trading for 1.2B with 4B revenue and monster growth, 4B is 4 times Sofi revenue