Hey man, doctors need to eat, too!
They know where their bread is buttered -- and it ain't from curing people!
I have suffered from a particular physical condition for YEARS... expensive doctor visits, expensive procedures, expensive pills that might only treat the symptoms, at best... I finally smartened up one day, did some research on my own, and have found that taking certain vitaimin & herbal supplements (which have been used in various countries for centures) have almost cured it at this point
BTW, that doc is talking more about home-brewed kombucha re: ill effects, where sh\t can get messed up during the process if you're not careful or do something wrong....
Surely you must do some sort of modeling of Reed's, whether formally or informally... How big do you see the co getting?
Market-cap-wise, assuming "normal" levels of dilution along the way, I think it can hit $500 mil fairly easily
At the top end? $4 billion
Wide range... but also a lot of wild-cards at play that can be difficult to factor in
What say ye?
I wouldn't want to see Chris go just yet... Still a lot of work to do, and he can get us there. He knows what he's doing... and I believe he's learned his lesson (for the most part) re: dilution.
He'd be a fool to do any more secondaries & sh|t like that. Better be careful with options grants going forward, too, if the doesn't want to see his net worth get whacked by more than half in a short amount of time...
Mathematically speaking, he's the one who's been feeling this downdraft the most, obviously... Not that I feel *too* bad for him though, considering the size of his stake