[quote=sdrealtor][quote=svelte][quote=sdrealtor][quote=svelte]All I own are mutual funds…I’m not into the legalized gambling of individual stocks. 🙂

I think Redfin will be a stronger and stronger player going forward. Time will tell which of us is right.[/quote]

I’ll take that bet but advise you against it as I only take bets I know I already won like this one way back when. [/quote]

Ok but let’s define the parameters. When I showed you data with their sales up and their stock price up, you batted those down as not applicable because they didn’t fit your criteria of a successful company for some reason.

What criteria can we use? Their number of homes sold per year higher in 5 years than today? I think that’s a fair estimation of “stronger”.[/quote]

I only use one criteria. Profitability. Buying market share is easy when you are playing with VC/IPO money but it only last so long. To be viable as a going concern you need to be profitable. Eventually you have to make money. I think we’d all agree on that

Like seriously. They have a $4B market cap, never made a penny and probably won’t. Some joker in Carlsbad is more profitable then they are or will ever be[/quote]

Wait, so basically the Compass business model is like the business model of CarOrder.com and MoviePass where you sell (give?) a loss leader product away in exchange for the right to name you as a customer with the hopes that your business will reach critical mass and have a huge pool of customers that you can sell much more lucrative business or services to, like Google ads.