RE: Melody VR4 Apr 2019 17:21
Don't know why I'm bothering smith because myself and others have shot you down in the past, and rather than engage in debate, you shuffle back into your cave to prepare for your next outburst.
1. The record companies all own decent sized stakes in the business (similar to Spotify). MVR too far ahead of the competition now, too many relationships built. The staff are all either tech or music people. MUSIC PEOPLE
2. I believe they did create their own camera tech after one melted early on in the business? Also they have drastically reduced the size of their cameras as stated by SH in various interviews.
3. Free marketing from 2nd biggest advertising company in the world? Yes please
4. Doesn't need to get brought out for patient LTH's. When VR becomes mainstream they will be selling infinite amounts of tickets to multiple live gigs per week.(or more likely a subscription service).
5. Early days, building blocks being put in place is more important for what will be a global brand. Look at the building blocks, what do you see?
6. They have always raised at a premium, so why would next time be any different (if they do raise).
7. How do you know it is wasted? How do you know they won't appear on other platforms? The only reason they won't is if Facebook give them a good enough reason not to...£££
8. Early days...maybe VR sales of the Go and Gear don't warrant a release in these territories yet
9. I see 80 employees as a positive, not a negative. I would be more concerned if numbers were not growing. Again, how do you know these employee numbers are not written into their cash burn forecast? Do you think these new hires have taken them by surprise? Did they not have hiring new staff already written into their growth plans? Durrrrrrrrr
10. You only make or lose money when you sell. Anybody who has done their research will have invested long term and will be happy watching both company and VR industry developments progress nicely.
Odds on that you shuffle away and don't reply to this.