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RE: QQQQ: JUSTIN, WILL YOU USE YOUR STAKE TO VOTE ON CONTENT OR FOR WITNESSES?

in #steem4 years ago

I don't know so much about the context of blockchain/cryptos, but I know a little about "value investing."

So you buy a company with promising assets that's pretty much going nowhere for very little. In this case, including control of 75M Steem/SP at 25 cents apiece.

You put your considerable financial backing, other resources and marketing machine to work on your new acquisition.

It suddenly becomes something, rather than floundering. 18 months later, your 75M Steem/SP are sitting at $10 per Steem. Even if you threw a ridiculous sum like US $100M at development and marketing, you still hold more than a half BILLION dollar profit.

Not so shabby...

Nobody (that I've noticed) seems to be even thinking about a variation on this scenario... yet it's how a lot of investments in the conventional business world play out...

=^..^=

Posted via Steemleo

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