The concept is fine, and I’m not begrudging people who use it. But purely from a financial perspective it’s not worth anywhere close to what Cuban sold it for ($5.7 billion in 1999 for a single company that had effectively no revenue by comparison). From my other comment - the biggest US internet radio company has a market cap of $250 million today and that number has pretty much only gone down.
Jeezus…! There does seem to be a sucker born every minute, even at the Harvard Business School, CEO-level. I wonder if those who green-lit the purchase were probably on the older side, with money to burn and overwhelmed by the technical jargon, none willing to admit the king had no clothes?
But what if we sold them A.I.-powered, bespoke NFT radio, on the blockchain?
The concept is fine, and I’m not begrudging people who use it. But purely from a financial perspective it’s not worth anywhere close to what Cuban sold it for ($5.7 billion in 1999 for a single company that had effectively no revenue by comparison). From my other comment - the biggest US internet radio company has a market cap of $250 million today and that number has pretty much only gone down.
Jeezus…! There does seem to be a sucker born every minute, even at the Harvard Business School, CEO-level. I wonder if those who green-lit the purchase were probably on the older side, with money to burn and overwhelmed by the technical jargon, none willing to admit the king had no clothes?
But what if we sold them A.I.-powered, bespoke NFT radio, on the blockchain?