At a significant discount it can be appealing just for the amount of user data and reach. Someone bought yahoo then sold it to another one. Not good example of success but example of looking at the price and saying what the heck I’ll take the risk.
Even with a significant discount you would be taking on $1b just in interest a year for a company that doesn’t make money. You somehow have to make $1b just to break even.
At a significant discount it can be appealing just for the amount of user data and reach. Someone bought yahoo then sold it to another one. Not good example of success but example of looking at the price and saying what the heck I’ll take the risk.
Even with a significant discount you would be taking on $1b just in interest a year for a company that doesn’t make money. You somehow have to make $1b just to break even.