Chapter
Luminosity's Financial Woes
55:51 - 58:03 (02:11)
Luminosity, a purported billion dollar company, has been revealed to have had $30 million in revenue and $50 million in expenses, resulting in a loss of $20 million this year, despite being bought for $1.5 million in cash and $7 million in stock.
Clips
Luminosity, a company focused on brain training games, reported $30 million in revenue and $50 million in expenses, resulting in a $20 million loss despite being valued at over a billion dollars.
55:51 - 58:03 (02:11)
Luminosity
Summary
Luminosity, a company focused on brain training games, reported $30 million in revenue and $50 million in expenses, resulting in a $20 million loss despite being valued at over a billion dollars.