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"We believe the market is pricing in extraordinarily high probabilities of success. Pets.com is the wave of the future, and everyone knows it."
Thing about Pets.com? Is it didn't make sense back before we'd beaten the proletariat down into taking 50 cents per mile and calling it freedom. Chewy.com has a $30.4b market cap.In 2017, Chewy was acquired by PetSmart for $3.35 billion, which was the largest ever acquisition of an e-commerce business at the time.
am_Unition · 1124 days ago · link ·
"The valuation of devaluement is trading low in the new specu-speculations space, Winston, as I've said before. Fundamentally, trading so deep into the red that one strikes black all over again is now possible, with our company."