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submitted 2 months ago by alessandro@lemmy.ca to c/pcgaming@lemmy.ca
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[-] Blue_Morpho@lemmy.world 1 points 2 months ago

Valuation is only useful for an exit strategy. They've already IPO'd. If they don't show profit, the stock will collapse.

[-] hddsx@lemmy.ca 2 points 2 months ago

Counterpoint: Tesla before they made a profit

[-] Blue_Morpho@lemmy.world 1 points 2 months ago

Tesla gave cars away for free to gain market share?

[-] hddsx@lemmy.ca 1 points 2 months ago

Their stock didn’t crater when they didn’t return a profit

[-] Blue_Morpho@lemmy.world 1 points 2 months ago

They got money from the IPO. The money let them build a plant to sell cars at a profit. In 2016, they had burned through the IPO money and weren't selling the model 3 yet. Musk later admitted they were months from bankruptcy. The stock price was around $12 a share.

Selling cars at a profit is what caused their stock price to rise.

[-] Wooki@lemmy.world 1 points 2 months ago
[-] Blue_Morpho@lemmy.world 0 points 2 months ago

I'm unfamiliar with their games. They have no ads? Or are you talking about Discord?

[-] Wooki@lemmy.world 0 points 2 months ago
[-] Blue_Morpho@lemmy.world 0 points 2 months ago

And if no one bought Nitro or advertised games Discord would run out of money.

That's the same as using Roblox without giving them any money.

[-] Wooki@lemmy.world 0 points 2 months ago* (last edited 2 months ago)

and if no one bought.

This isnt speculation here, they do, and they make A LOT from nitro subscriptions and server boosts.

[-] Blue_Morpho@lemmy.world 0 points 2 months ago

Yes but if everyone used their services without paying, they would go bankrupt. Just like using Roblox without paying costs them money.

[-] Wooki@lemmy.world 0 points 2 months ago

Don't forget every user generates a base income, for example from visiting and using boosted servers (other users pay), ad insights and other data mining

[-] Blue_Morpho@lemmy.world 0 points 2 months ago

Ad insites is 3rd party ads which as I said Roblox doesn't do (yet).

this post was submitted on 07 Sep 2024
218 points (94.3% liked)

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