Re:Alphabet in bid to buy Fitbit
by nradov on Monday October 28, 2019 @07:49PM
(#21383013)
Fitbit has nothing that Samsung or Apple need (except perhaps some patents for protection for defensive litigation).
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They have marketshare
Re:Alphabet in bid to buy Fitbit
by scarface74 on Tuesday October 29, 2019 @12:47AM
(#21384311)
What’s marketshare without profitability?
Isn't that the situation Uber is in. They surely seem to be doing fine.
Re:Alphabet in bid to buy Fitbit
by scarface74 on Tuesday October 29, 2019 @12:59PM
(#21389379)
They were able to get billions from private investors that knew they could pawn it off into the public market. What happens when the public market doesn’t have the stomach to give them more money in a secondary offering and they can’t get loans from banks?