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Renren Inc. Message Board

  • ppp_io_888 ppp_io_888 Nov 15, 2012 2:55 AM Flag

    300 million cash in 1 year

     

    80 million is used to purchase 56.com, 49 million invested in SoFi, add up 129 million. Where is the rest? 171 million per year, average in each quarter Joe burned 42.75 million, almost same as revenue. Zero sum game, just nothing left for shareholders.

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