The long-term chart of OSTK is just sad...This is what it looks like when your ROIC is negative on most years for a couple decades (and in 2017 you latch onto a crypto bubble).pic.twitter.com/fbNLu7MaOl
CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure
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The long-term chart of OSTK is just sad...This is what it looks like when your ROIC is negative on most years for a couple decades (and in 2017 you latch onto a crypto bubble).pic.twitter.com/fbNLu7MaOl
The CEO is not into e-commerce and it shows in their performance over the years.
Why spend all those years running an e-commerce company if you're not into it? Seems like a bad move...
Agree with you, but...I've also been running an ecommerce company for almost 10 years and it is real hard...
I have no problem with finding it being hard. Few businesses are easy in practice. But I have a problem with someone being CEO of a company if they're "not into it". Maybe that's not what you meant with your previous tweet, though.
It's not fair to shareholders. I wasn't making excuses. I was trying to cite the root cause.
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