Public company that doesn't make money!

Discussion in 'General Business' started by Harryk, Oct 27, 2009.

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  1. #1
    Guys I was checking a company out, this company owns a bunch of forums. Alot of them. They only have a couple that are active.

    http://www.crowdgather.com/

    But they are a public company, they can't be earning THAAT much ey ? What is there method of revenue :S I see 1 banner of ad on one site...
     
    Harryk, Oct 27, 2009 IP
  2. vagrant

    vagrant Peon

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    #2
    vagrant, Oct 27, 2009 IP
  3. abhijit

    abhijit Notable Member

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    #3
    A popular misconception is that you need to be earning money to be a public company.

    Way back when, companies had to have a track record of profitability before they could list on the stock exchanges. Now, you can get listed even if you have never made a profit.
     
    abhijit, Oct 30, 2009 IP
  4. mentos

    mentos Prominent Member

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    #4
    I don't the company core business is on the site.
    The domain business is just a side business for them.
    Company earn money thru their core business arm.
     
    mentos, Oct 30, 2009 IP