Jul. 10 at 3:47 PM
$LFMD @Jigalu Lakestreet must be blind - a parent company with declining sister brand (WorkSimpli) revenue, and a weight loss business that doesn't do compounding (and is probably declining in revenue due to this), can't be worth anywhere near
$1 billion on
$200 million or so in telehealth revenue this year. That's a higher multiple than
$HIMS. Lakestreet is about to be taught a lesson in better forecasting.
