HedgeStop's audience growth rate of 20 percent a week is far too low. If you project that over two years, the site still would not have as many visitors as some of its competitors, such as Young Money, which has about 1.2 million users. If Carroll and Carlevato can get this site to the point where traffic is doubling each week, they may be able to attract investors. (Emphasis mine.)Let's get this straight. A 20% growth per week is (more than) a doubling every month. Over two years, that would be "only" a 171-million-fold growth. (Hm, maybe 20% is only an estimate, rounded up from 15%. That still grows traffic by 2-million-fold.)
Who knows what planet VC's are living on these days. The doubling per week that the Chairman wants, over the same two year period that they use, would lead to a market of 1031 users, assuming they have just 1 right now.
VC's don't really seem any smarter this time around.
nice observation! Your point of view is so right. I just wondering how this is happening. Anyhow, thanks for sharing and keep up the good work folks.
ReplyDeleteThank you for a hard work.
ReplyDeleteI’m sure it was worth it all.
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