Post by Flying Monkeys on Aug 15, 2019 7:47:26 GMT
An office rental company trying to sell itself as a tech company to boost its valuation.
Who believes this nonsense?
It reminds me of lastminute.com (one of the first totally on-line companies to list in the UK back in the late 90s). It described itself as a tech company. In reality, it sold holidays on a website. But people believed it was tech and valued it highly, even though it's a retailer who just happens to use the internet as its sales channel. Idiots!
But here we go again, a charlatan selling his bullshit office rental company (one of the most vulnerable sectors to downturns) as a technology company:
www.bbc.co.uk/news/business-49346458
Who believes this nonsense?
It reminds me of lastminute.com (one of the first totally on-line companies to list in the UK back in the late 90s). It described itself as a tech company. In reality, it sold holidays on a website. But people believed it was tech and valued it highly, even though it's a retailer who just happens to use the internet as its sales channel. Idiots!
But here we go again, a charlatan selling his bullshit office rental company (one of the most vulnerable sectors to downturns) as a technology company:
www.bbc.co.uk/news/business-49346458