RE: STEEM: Target Market Capital = $655,000,000. STEEM Target Price = $2.80..... Ranked +7th..!! by funkit

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· @funkit ·
655 000 000 divided by 9 000 users ≈ 72 000 per user

Not that Steem users not are worth it, I'm just thinking is it sustainable? I have my doubts.
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@stephenkendal ·
$0.03
You are pricing it at today. Some tech companies have over +200x forward earnings. Look at Netflix. STEEM at $655m is CHEAP in comparison to its potential. Stephen
👍  
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@funkit ·
True. Still they invest heavily in recruitment. Steemit has crowdmarketing. Nothing wrong with that, but will it pan out like the successful tech titans? That is why I ask the question.
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@stephenkendal ·
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STEEMIT will rewrite the Capital Markets. +30 years experience tells me I know I am right..!! Let's face it the current Capital Markets and Company Structures were ok for the 1970's but this is 2017. This is a BETTER way of building a business, not like the crappy way back in the 70's and 80's. Facebook and the likes are finished. Crowdsourcing is the future. 100% without any shadow of doubt. Stephen
👍  
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