At 01:43 AM 4/02/2003 +0200, Arik wrote:
Paying for a long time client without any revenue from that client seems un-reasonable.What is 1mdc revenue model?
Later he wrote:
It seems to me that it is effective advertising regardless of 1MDC's profit or lack thereof. JP has other businesses and this kind of "giving" surely gives him a lot of publicity, notoriety and goodwill which provides a base of customers and clients for these other business activities such as ISL.JPM answered to me in a private letter that the revenue model of 1mdc will be on future fees. Now, as I understand he builds his market share.
As such it is, as he has stated in the past, cheap advertising.
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