I consider a great many things. Most people know I work for a Big 4 bank and to get any sort of travel requires 3 managers to sign off. You know why? Because the shareholders hate to see these sort of expenses unless it provides value. So I question it here because this is a start-up without revenue or signed deals. Dubious at best currently. Nearly 500k AUD in expense for little return...sorry if that offends anyone.....but its DD 101. Traveling First class on my dime is not why I invest....hence why its the first thing I check.
Our company....I say "our" because you are part of it now....has provided no revenue to date and has issued a statement saying that revenue is "down the track" maybe? Well that's not what seed investor's were told and I was one of them. We have paid a heavy price for believing that nonsense.
You got in last week...well good for you...but don't try to paint a picture here for many who were in earlier based on what the CEO and Board told us that has added up to literally nothing. Your investment strategy is your own...and while you might be feeling lucky right now....lets hope so. If you had done any DD....you would know this. So I assume you are doing a TA play. Lets hope that works out for you.
But for many its not the story so perhaps not play me personally.....just play the game.
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