$AST SpaceMobile, Inc.(ASTS)$ Asymmetric opportunities rarely begin with zero revenue.
Look for businesses with business models that are SHOWING strategic strength AND evidence of financial success.
Without the latter, you're just buying into a hype cycle, and you may be holding the next $Plug Power(PLUG)$ ..
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Put another way, why doesn't ASTS run into the same financial challenges $Verizon(VZ)$ and $AT&T Inc(T)$ have?
Space is a big opportunity, but there's also no moat when anyone can launch a satellite.
BTW, "BUT THE PATENTS" isn't a business model.
PS: You're all making my point for me.
I got the same comments about PLUG in 2014 and 2021.
Mobs and hype aren't a business model.
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