THCG: Lucky 13 employees, New Advisory Board executive that was President of Playboy Enterprises, how can we go wrong!
Let's be realistic here. THCG is a newly formed company with a good idea and some friends with smarts and money, but a CMGI or ICGE it's not.
However, in a way I like it better.
There mission statement: THCG's stated mission is to build dominant companies by becoming a leading provider of business creation, development and financing resources to Internet entrepreneurs and traditional bricks and mortar companies migrating to the Internet.
Brick's and Mortar to Clicks and Mortar:
As the E-commerce boom is just now taking hold, showing real numbers from consumer to advertisers, the standard retail chain stores and a myriad of small business enterprises are realizing they either are going to get 'on-line' or be pushed aside. Many have already made the jump, from books, music, cars, groceries, etc. and now Cyber Malls.
The jump from street to cyber is not an easy one without some expertise and start-up funding/backing.
This is where THCG steps in and saves the day!, if I understand their business model. They help get them started and look after them once they are.
(I am simplifying it all here and any other perspective would be welcome.)
I would like to see more detail's of their acquisition and business's that are being cued-up for the coming year.
I think that if they can prove their Model and New Team by some (more) successful street-to-cyber plays in the coming months, they will draw not only attention as a useful and profitable company, but will also build a growing Market cap with the corresponding rise in share price--we hope!
One good home run in the form of a bigger name transition company would give them a real boost in these areas too.
Just some thoughts, since like Peach, I could get used to regular sets of doubles from this puppy!
Puna |
