Monday, August 1, 2016
MeetMe (MEET) Q2 2016. Is it so successful or not?
Match Group (MTCH): 90%+ revenue driven by subscribers.
MeetMe (MEET): 90%+ of revenue driven by ads.
Also insane PE (ttm): 45.93 from http://seekingalpha.com/symbol/MEET
Accumulated deficit: USD166 Million
GoodWill: over USD70 Million
Plenty of Consumer bad reviews and complaints
"This website is poorly managed and not monitored. People are allowed to post graphic images depicting ....... other acts of deprativy with no consequence from the web site or service provider."
MeetMe Has This Investor Saying I Wish I Never Met You
MeetMe to acquire Skout for USD54.6M!