What podcasts say about Immutable
Every statement, with the speaker, the exact quote and the moment it was said.
What experts have said about Immutable
9 statements · 8 negative · 1 mixed
Immutable's business appears to be failing after being substantially overhyped.
“the wheels feel like they're coming off this overhyped business”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 15:54
Immutable's revenue fell to $50 million while it lost $37 million despite its $3.5 billion valuation.
“revenue actually fell. This is a $3.5 billion billion dollar business fell from US51 million to US $50 million. It lost US $37 million”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 20:34
Immutable's token collapse destroyed the business's purported network effect and inherent value.
“As soon as the token dropped, this business had no inherent. The whole fake network effect fell apart.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 24:25
Immutable is worth zero because it loses $37 million annually.
“Yeah, absolutely. It's losing $37 million a year.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 24:34
Immutable failed to deliver the speculative returns investors expected and is not a business.
“And it didn't. And so I think that's the whole story of this thing. And it turned out it's not a business.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 31:45
Immutable investors are unlikely to recover their money if the company is liquidated.
“when this thing is liquidated, you ain't getting your money back.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 33:18
Immutable's probability of retaining a billion-dollar valuation is effectively zero.
“But effectively zero. Look, what do you think?”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 34:34
Very few businesses with Immutable's stagnant revenue recover, though recovery is possible.
“there are very few businesses that stall their revenue at this level and recover. But not zero.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 34:43
Immutable is unlikely to succeed through its proposed business pivot.
“I don't think this is a pivotable business.”
Open the episode · Tesla Going Down...Down, Immutable’s Massive Fall and Australia’s Unicorn BubbleListen at 35:23
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.