News Focus
News Focus
Followers 9
Posts 1278
Boards Moderated 0
Alias Born 04/17/2012

Re: Poptech post# 286332

Friday, 03/08/2013 11:09:51 AM

Friday, March 08, 2013 11:09:51 AM

Post# of 326434
Pop, the term "turn around" implies that the company was at one time successful. NEOM which has never had an operating profit for its entire history, so that term doesn't fit.

I would call NEOM a start-up, albeit a start-up for well over a decade. CEO's of typical start-ups don't make $500K per year. In fact, those CEO's may not take any salary for years until the business is successful. The reward for that "sweat-equity" can be a massive pay-out if success is achieved.

It takes a true entrepreneur to appreciate that risk and return proposition and no one will ever mistake LM for an entrepreneur.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y