With this audience being beta testers, I realize that this subject is probably far from most of our minds, however as I posted this elsewhere in response to the current KROWN price trajectory, figured it has some value here as a historical touchpoint. Really interested to see the tenor of convos regarding Krown by the end of the summer.
Been investing for very long time. Someone asked me today why Krown doesn't care about the coin price. Shared an observation from finding small innovative companies that go on to do big things. If the company has a good plan, sufficient funding and focus, they should not be worrying about the share or in this case coin price. Whenever I had the slightest sense that a firm's eye was no longer on driving the fundamental levers of value, instead worried about keeping grumbling voices happy by trying to finagle the price that was always a signal to exit.
The team that you can see staying true to execution towards long term value (regardless of what the price is doing) is the one to stick with. QeM caught flack for the longest time with people comparing their price direction and performance to whatever the loudest grumbling investors felt was a comp, but none of that mattered. Francis and team stayed quiet (even though I know FB had to be tired of hearing the complaints from people that have never run a business or built anything) instead and he and his team forged partnerships, tested and trialed their products, gained certifications and positioned themselves for success. Do FB and James care about prices (as the largest holders of equity in their respective enterprises yes), but success and the price will take care of itself if you focus on creating value first -- which is what both leaders are doing.
Been investing for very long time. Someone asked me today why Krown doesn't care about the coin price. Shared an observation from finding small innovative companies that go on to do big things. If the company has a good plan, sufficient funding and focus, they should not be worrying about the share or in this case coin price. Whenever I had the slightest sense that a firm's eye was no longer on driving the fundamental levers of value, instead worried about keeping grumbling voices happy by trying to finagle the price that was always a signal to exit.
The team that you can see staying true to execution towards long term value (regardless of what the price is doing) is the one to stick with. QeM caught flack for the longest time with people comparing their price direction and performance to whatever the loudest grumbling investors felt was a comp, but none of that mattered. Francis and team stayed quiet (even though I know FB had to be tired of hearing the complaints from people that have never run a business or built anything) instead and he and his team forged partnerships, tested and trialed their products, gained certifications and positioned themselves for success. Do FB and James care about prices (as the largest holders of equity in their respective enterprises yes), but success and the price will take care of itself if you focus on creating value first -- which is what both leaders are doing.
