At Q1, we spend an enormous amount of time researching and tracking Canadian technology companies and one of them is Vancouver-based Hootsuite. Chosen by many to be Canada’s next billion dollar company (aka unicorn), Hootsuite’s road to market leadership illustrates just
BuildDirect.com Technologies Inc. (“BuildDirect”) In October 2016, the Company (being Difference Capital) invested an additional US$1.1 million in secured convertible promissory notes of BuildDirect. During 2016, the Company made fair value adjustments to its investment in BuildDirect common shares based on the debt financings completed by BuildDirect and qualitative observations reflecting the current financial situation of BuildDirect. The adjustments resulted in $9.5 million of unrealized loss during the year.
With SNAP being watched so closely as an indicator of an OPEN IPO market I would think that all technology investors are keeping their fingers crossed. SNAP’s performance post-IPO (Company & stock price) makes this Company more important than its
Wednesday, March 1, 2017: The market is excited about the IPO of a company that is not profitable. Jim Cramer is already pimping the stock as a "phenomenal trade". I've been at this game for more than 25 years, and I know a rerun when I see one. This looks to be a tired remake of the old poker game played in the 1990s. And even though we all know how this game ends (Market Watch), we can't stop ourselves from watching or asking the dealer to cut us in. Enjoy!