To The Moon

Many ppl have the mindset that if a company pulls out from a market, its bad. However it take strong and firm leadership and courage to do so. From a business owner angle, I'll share why what SE did is good:

1. The market isnt earning as expected. When this happens, companies often do agressive advertising, revamping, often without consideration on market needs. Sometimes its not that u are selling a lousy product. Its that the time isnt ripe and market isnt ready for u.

2. Acceptance of failure. Liquidating assets from a market that doesnt generate revenue allows the company to pivot instead of "locking" money in something hoping to earn. Similar to stocks, its best to cut loss and look elsewhere. when u consider the opportunity cost, a move made is always better than remaining stagnant.

3. Getting out now may not mean that the marketis closed to u forever. Many companies close down and reopen in the same market. Timing is all. 

SE has good fundamentals, daring leadership, and a culture unafraid of failures. luckily for investors, the market is still low. Good time to consider adding some :)