Apr. 15 at 2:22 AM
$TWAV Let’s be real. TaoWeave has a market cap of just
$5.46 million . They have exactly 7 employees. Seven. Your local pizza place has more headcount.
Net income last quarter was negative
$2.79 million, worse than the prior quarter’s negative
$2.29 million — they’re not just losing money, they’re losing it faster. EBITDA sits at negative
$2.96 million with an EBITDA margin of -121%. That means for every dollar they bring in, they burn through more than two.
And what’s the pitch? They pivoted to being a “digital asset company” offering exposure to the decentralized AI economy through the Bittensor ecosystem. Nothing screams “we don’t have a real business” louder than bolting AI and crypto buzzwords onto a struggling videoconferencing company.
Morningstar says TWAV is trading at a 219% premium. Let that sink in — already a penny stock, and still massively overvalued. The only thing keeping it from zero is hype.
