Ekso Bionics Holdings Inc (EKSO)

[Bobby Marinov]

"Billions have been paid for Oculus rift, WhatsApp etc. Those companies had no revenue and still don't, but hundreds of millions burnt. The point of acquisition of small companies / startups is not to get an immediate revenue stream, but to get intellectual property, proprietary technology, customers, ecosystem... anything that gives potential competitive advantage in emerging new markets." - Kent, Yahoo.Finance

I want to emphasize a post from Finace.Yahoo by user Kent who I think nails the situation perfectly. Ekso Bionics has done a great job acquiring and generating IP, getting world wide name recognition, establishing a positive reputation and leading the charge in all sub-fields of the exoskeleton industry.

I have never understood the hypocrisy in Silicon Valley where it is OK to praise companies that lose billions, but others are expected to turn a profit from day one! Ekso Bionics is not profitable, but they have done very well to position themselves as exoskeleton industry leaders.

I think the failure with the stock price is one of communicating a long term vision, making people believe that the technology will become part of industrial, medical and military operations and that Ekso Bionics will play a large part in it. Since most can't see that vision, they resort to revenue data, which is decreasing, and by itself looks bad, but does not make the company "trash."