Comments on: 5 reasons why tech business can seem successful but yet fail https://ict-pulse.com/2016/08/5-reasons-tech-business-successful-fail/?utm_source=rss&utm_medium=rss&utm_campaign=5-reasons-tech-business-successful-fail&utm_source=rss&utm_medium=rss&utm_campaign=5-reasons-tech-business-successful-fail Discussing ICT, telecommunications and technology Issues from a Caribbean perspective Sat, 08 Apr 2017 00:19:07 +0000 hourly 1 By: Kamutula https://ict-pulse.com/2016/08/5-reasons-tech-business-successful-fail/#comment-172045 Sun, 28 Aug 2016 04:54:57 +0000 http://www.ict-pulse.com/?p=85792#comment-172045 Indeed. I think reason 1, takes the bulk of the weight of the problem. The lessons of the dot-com bubble burst, at the turn of the century, have not been fully taken in. The so-called “unicorns” today abound with highly blotted capitalised values.

Blablacar for example, a French variant of Uber, is valued at almost $2bn. It loses money; it has always been losing money. Its value is purely based on the “perceived” potential to be realised “should” it be floated to the public.

Indeed, the true value of the company is its operating financials and how the assets are being utilised to generate revenue. When these things are taken care of, the results in the financial markets speak for themselves.

]]>