Big fan of the mikes! And now they are raising capital to expand operations. Strong brand but I am unsure if I am going to invest. Might add it to the watch list.
l
Looking to raise $310M! Wonder what the valuation of this company will be. The stacker stocks portfolio could use food. We already have water and video games. 🤔
While a sandwich shop is trying to raise $300M to make more sandwiches.
Saylor meanwhile using these same markets to raise what Jersey mikes is trying to do:
Flicks the wrist raises $263M to pay out STRC holders and yet fools like
@denlillaapan think Saylor is going to fail buying something that has absolute scarcity. While investors giving all this money to Jersey mikes to make sandwiches.
😂
No, Saylor isn't going to fail... His shareholders will be scalped: they are the BTC yield he's trying to maximize.
Also: bro is diluting you 1% a week to pay 12% to other suckers, in order to stack 4.5% yielding treasurys.
Looooool have funLooooool have fun
Most of his shareholders own BTC as well besides the ones who legally can’t.
Someone missed the session on flywheel Saylornomics
aka Grifting 101, wrapped in a fancy marketing ploy.
Get out while you can
I don't trust the sustainability of sandwich shops. The dominant player seems to come and go every decade.
same. I bet it's a liquidate reputation play. capitalize on the reputation while cutting costs and quality until people find out
Yikes I hope not
That just seems to be the pattern. Why wouldn't they do it? The founders get their exit bonus, the investors reap some profit for a while, then move on to the next target. No one is buying a sandwich shop thinking "This is a 20 year investment"
But it could be! People need to eat! Having equity in Mikes might not make you rich but it should keep up with inflation.
As long as they don’t ruin the brand it can easily be a 20 year stock that outperforms a bond.
tried them twice. don’t get the hype.
what’s the best sandwich to get here?
i was hoping to find something worthy of the Jimmy John’s Italian Night Club but was disappointed with their version.
I like the buffalo chicken sub and the turkey & provolone.
Yeah longer term growth might be hard to sustain but what if they become the McDonald’s of the 2030s to 2040s
Seems like private equity exit liquidity
How sustainable is a business model of $20 for a $5 sando to cover brick and mortar costs?
Hopefully not. Subway did great until they overextended and their main pitch man was a pedo.
Plus I think mikes is a little higher quality than Subway.
the business looks solid on paper. whether the ipo is worth buying is a different question
Yeah that’s might thought might just wait and see.
i never buy an ipo on the story alone. the price has to make sense too