What are people's thoughts? Legit or another case of investors being sheep and simply following the lead?
I mean I get it.. the CEO is very qualified and sold a company in the same space. But just the money he has raised already exceeds the last sale. It is hard to believe that they have any ONE competitive advantage over Amazon considering the amount of years amazon has been around and just how advanced their logistics are.
Any validity here or are things like this bad signs of a potential bubble...?
Thanks for the feedback. Definitely something we're going to keep an eye out for! Our company/brand name is simply "Medko" and we're also not competitors with Medco (Express Scripts) so I am confident we won't run into any problems... but like you say they certainly have deep pockets and certainly something to be better safe than sorry over.
I mean I get it.. the CEO is very qualified and sold a company in the same space. But just the money he has raised already exceeds the last sale. It is hard to believe that they have any ONE competitive advantage over Amazon considering the amount of years amazon has been around and just how advanced their logistics are.
Any validity here or are things like this bad signs of a potential bubble...?