Thursday, January 02, 2020 3:44:41 PM
Took them 5 years to go public
Took them 10 years to start showing a regular profit but even that went south after a number of years.
Many tech companies have a choice
Grow fast at the expense of profitability
Or profitability at the expense of growth
Many institutions choose growth
Take a look at Hubspot as another CRM example
VERB is in a Growth stage and adding enterprises every week
That revenue will start to kick in as they moved from the Develop stage
BTW: VERB was hiring in Q4. Why?
Any tiny bit of DD would tell you this.
Do your own DD
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