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Jul 13 2018

The Kindness of Strangers

  • Jul 13, 2018

We have recently been struck by the tremendous valuations being awarded to companies that have never turned a profit. Tesla, Spotify, Workday, and Square all sport market caps above $25 billion based not on their recent earning power (which is zip), but on the hopes that they will one day move well into the black.

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About The Author

Scott Opsal / Director of Research & Equities