Patrick Leary wrote:
For sure now in their current incarnation their world is much different from before this stage of their existence. When I wrote the mail about them, my mind was only recalling their experience from their pre-APO days (when they were like the rest of you). My point was to say, "they are (or were) just like you and you can do that if you want."
That is a very good point for people to recognize. However, there are thresholds to be aware of. Few people could have believed that $6 million in revenue could get you on the Nasdaq. Yet, I remember seeing the TowerStream CEO open the market back in June. If TowerStream could do it with $6 million does that mean the street will take companies serious with less than that? If so, how much less? How many companies on this list do $5 million in revenue? How many plan to in the next 3 years?
If your company isn't making or planning on making $5 million in revenue then what is your company's exit? Some companies don't want or need an exit, which is fine, but not relevant to this thread. If you want to be like TowerStream then you need an exit plan that you can achieve.
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