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I saw a segment on CNBC and several people read thru the IPO docs where they outline there current streams. Basically they are making $4.05 per subscriber right now. After the IPO they need the number to jump to $120 per current subscriber. Many doubt this is doable and they don't think they can increase the number all that much more as eventually they will reach a top in the number of possible subscribers.
BTW, to me all they do is they provide targeted eyeballs for advertisers. It is worth something but nothing like what they are paying. Way overvalued. This is a possible reason the retail industry is a wreck, advertisement budgets must be insane. For them to be making this kind of money, someone is writing huge checks....who might the top 10 of these be?
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