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Approximately 26% of Roku’s cash and cash equivalents were held at SVB as of Friday, according to a securities filing, with the remaining $1.4 billion spread across other financial institutions.
Source: https://www.chiangraitimes.com/business/roku-club-roblox-silicon-valley-bank/
He already was charged with repairing Roku’s frosty Wall Street relations over its non-apparent global expansion plans and OTT ad-sales strategies.
Source: https://www.nexttv.com/news/even-bob-iger-thinks-its-getting-tricky-out-there-bloom
“Longer term, we remain concerned about Roku’s ability to sustain outsized revenue growth and generate meaningful levels of profitability,” Nathanson wrote.
Roku’s Streaming Media Player is a great and low-cost version of Amazon’s Fire TV Stick.
Source: https://www.manchestereveningnews.co.uk/news/money-saving/amazons-cheapest-ever-55-fire-28110723
Roku’s Vice President of Content Acquisition & Programming Jennifer Vaux.
The hopes of astounding revenue growth in the future are the one thing holding up Roku’s current price.