RE:Fun factHi 20,
Far too many not so fun fact when it comes to Torstar's investment track record.
If they had sold Harlequin when it was worth a billion they would have taken the proceeds and invested in MySpace, AOL and Netscape.
I can't think of a single notable investment they've made that has resulted in a massive write-down, write-off or closure.
Shop.ca try to compete with Amazon? Laughable.
StarTouch was a solution in search of a problem with $20 million + flushed down the toilet.
StarMetro, iPolitics, Black Press, Workopolis, TransitTV and the list goes on.
It's like handing scissors to an unsupervised gang of three-year-olds in a room full of wall sockets every time they decide to make an investment. Nothing good is ever going to happen and time to introduce some adults to the decision-making process.
MW