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A comment on Cannabis legalization decreases stock market value of major pharmaceutical firms. Parent comment

Re:Cannabis legalization decreases stock market value of maj... by swatcoder on Friday September 02, 2022 @01:06PM (#32693142)
Pretty sure Netflix and Spotify do alright with less than that.

And it’s not even accounting for those premium tier subscriptions that come with trendy new formulations not yet acknowledged as dangerous.

[ Parent | on HN ]
Re:Cannabis legalization decreases stock market value of maj... by lotsofpulp on Friday September 02, 2022 @02:00PM (#32693824)
You are saying that selling something for $14 per month with no information about cost of goods sold or sales volume is sufficient to conclude one is doing “alright”?

FYI, Spotify has only ever lost money:

https://www.macrotrends.net/stocks/charts/SPOT/spotify-techn...

[ Parent | on HN ]
Re:Cannabis legalization decreases stock market value of maj... by swatcoder on Friday September 02, 2022 @03:18PM (#32694736)
That was precisely the point I was making to the commenter I replied to (unit price doesn’t determine business scale on its own), but interesting info on Spotify regardless.
[ Parent | on HN ]