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Investment question
https://waxinvest.com/projects/graze...rship02_03-31m
Stocks are issued at $5.80 right now thoughts. |
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If its about the general concept of the product, then I have four observations: - without question, this is the future of lawn care, as we are a society of lazy people - there is plenty of competition who have and are developing better models than what exist now in the consumer marketplace: Husqvarna, John Deere, Worx, etc. - I lived in Ann Arbor, MI for a part of the year recently, and the surrounding communities, both homes and commercial buildings sit on very large parcels of land. Grass was everywhere, front, side and backyards. Some hired the professional services, many individuals where pushing the traditional mower, and twice, I saw the robots doing their thing. - while most startups fail, the greatest reward and risk to you is when you are an early investor. Invest what you can afford to lose. Good luck! |
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My father has problems with mowing his lawn at his age. We will make the garden so that a robot can do the work next year. Would cost +300 euro a month hiring someone. I was looking at Husqvarna, has good reviews. But will compare by than. Husqvarna already started in 1995, looks like the newcomers are a little late.
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It's at $5 now. Zero data on that stock, almost no trades.
They have zero income. Looks like very little funding and their contracts are "non-binding". I would stay away. |
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