Do Make Say Think
& Yet & Yet
- Jun 26, 2007
- 51,592
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I usually scoff at people telling rich people to dump truckloads of cash on a business that is losing money so I get you.Andlauer isn't Melnyk but carrying a negative cash flow asset year after year is going to be difficult for anyone that isn't obscenely wealthy.
It's a tough pill to pour tens of millions into a deal year after year with the hope of a big exit decades down the line. That money is worth a hell of a lot more today.
I'm just saying that Andlaeur seems more organized and serious. Melnyk was a fraud. I am confident Andlaeur will be able to navigate the rough waters whereas we know Melnyk cried poor at the first sign of trouble (because he was a fraud).