RE: Just my take15 Sep 2023 16:28
Pulled this from the IPO document , tbh I was bored and stopped looking after I realized I was getting more bored :)
If THG Ingenuity is unable to constantly develop and innovate new features, technology and services, or
if THG is unable to monetise new features and services in a timely manner, THG Ingenuity may lose its
strong position in the market. THG's ability to maintain its competitive advantage depends on a number
of factors, many of which are beyond THG's control, including:
• THG's ability to manage the financial and operational aspects of developing and launching new
technology, including making appropriate investments in its software systems, information
technologies and operational infrastructure
To me it's there at the start that they will need to develope and improve, it's the same at any business, especially tech, also remember that part of the IPO was to expand, that means new buildings and infrastructure.
I don't know what I'm talking about, and I can see what your saying, but I don't agree with what you are using as an example of your argument as those words and activities are kinda always going to be there unless the company wants to die and be outgrown by others.
Though I'm not sure what strong position means 🤣