0:00
Synthetic workforce will continue to be
0:02
used as a convenient supplement.
0:27
Today is a bad day for Daer. Yesterday,
0:30
the shares were still trading below
0:32
their IPO price of $72 at 28.97 per
0:36
share. Without a clear counterpart on
0:39
the public market, DAER remains
0:41
difficult to evaluate. In order to
0:44
justify its current market valuation,
0:47
investors need to take a big leap of
0:49
faith that the millennials and later
0:51
generations will forego ownership of a
0:54
synthetic and opt instead for reliance
0:57
on orthodox substitutes.
