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  1. #1
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    Quote Originally Posted by mfs01 View Post
    I don't think anyone's desperate to put money out there without doing the proper homework and having some confidence in knowing it'll coming back.
    Wrong-therein lies the problem! Everyone is look for yield and PE backed companies are looking for growth regardless of profitability.

  2. #2
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    Quote Originally Posted by staten View Post
    Wrong-therein lies the problem! Everyone is look for yield and PE backed companies are looking for growth regardless of profitability.
    Yes. There are some high profile companies that are flushed with venture capital and their only mandate is to grow at super speed so they will be poised for an IPO. On Deck is following the Square model. Square is the mobile payments company founded by Twitter co-founder Jack Dorsey that is growing like gangbusters but has yet to turn a profit. But once they go public, Mr. Dorsey will add another billion to his net worth.
    Last edited by MCNetwork; 10-18-2013 at 04:42 PM.

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