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View all comments 79 points
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ask for 1B valuation with only ~7M in sales + ~240k/mo subscription revenue… hmmmm gonna be a no for me Dogg
62 points
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The entire company was a pump and dump scheme. They’re gonna continue the pump until dump or bankruptcy.
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So, if we do some sloppy rounding and say that the subscriptions make them 3 million a year . . . it’ll only take a bit more than 330 years for anyone buying Humane at the asking price to break even. My cat could figure out that wasn’t a good buy. (Of course, he’d prefer to invest in a tuna cannery . . .)
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