10X Potential: FuboTV (Ticker: FUBO) — Part 1
This write up is expected to be a long. Thus, I have split it up into Part 1 and Part 2. Part 2 will be out in the next few days. Stay Tuned!
I owned FuboTV (FUBO) for sometime but I have never wrote about it.
It is a small cap stock and came out of a reserve takeover. It does not have a net profit or free cash flow since the reserve takeover - meaning it is hardly an inflation proof company. It is in the streaming business which is a super competitive - which will result in significant operating cost in order to stand out.
|FuboTV Inc. Logo|
Furthermore, it is definitely not an easy time to hold on to FUBO during the last 3 months. It was brutal with the share price falling from US$29 to US$9+!
|Screenshot from Finviz.com|
|David Gandler, co-founder and CEO of FUBO|
|David Gandler Experience as per his Linkedin|
|Screenshot of Glassdoor Rating of FUBO and David Gandler|