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Posted On: 05/10/2020 10:03:25 PM
Post# of 32688
I am sure I duplicated what you son said with “Happy Mothers Day”.
But honestly, point being, I need to keep reminding myself that we are basically in a similar stage to most of the other SaaS companies when they were pre IPO. Most of them did not IPO until they had tens if not hundreds of millions of venture money and revenue. Very easy to get caught up in the typical Wall Street mantra of over analyzing each 10Q. Of that, I am very guilty and I can certainly be as impatient as the next person. (See my last post for reference)
But need to take a step back and see where we have come and how we are positioned. Verb has developed a world class series of products that seamlessly piece together and can be purchased a la cart on a monthly basis. We see nothing but fantastic feedback from the users of these products, who also keep touting of world class growth as the world continues to work from home and consumers are seeking new ways to keep busy and stay healthy. Verb will soon launch a game changing technology that will also seamlessly fit with their other technologies and we keep hearing about it being integrated into the technology of some of the largest companies in the world. Lastly, Verb is coming out with products that will open up its customer base from direct sales only, to basically any company in the world.
So bottom line, don’t get caught up in the Q over Q Wall Street BS like me. As much as I want this fantastic growth including PPS appreciation to happen yesterday, it will happen when it happens and all signs indicate it will come. So yeah, I think I can wait a few Q’s.
But honestly, point being, I need to keep reminding myself that we are basically in a similar stage to most of the other SaaS companies when they were pre IPO. Most of them did not IPO until they had tens if not hundreds of millions of venture money and revenue. Very easy to get caught up in the typical Wall Street mantra of over analyzing each 10Q. Of that, I am very guilty and I can certainly be as impatient as the next person. (See my last post for reference)
But need to take a step back and see where we have come and how we are positioned. Verb has developed a world class series of products that seamlessly piece together and can be purchased a la cart on a monthly basis. We see nothing but fantastic feedback from the users of these products, who also keep touting of world class growth as the world continues to work from home and consumers are seeking new ways to keep busy and stay healthy. Verb will soon launch a game changing technology that will also seamlessly fit with their other technologies and we keep hearing about it being integrated into the technology of some of the largest companies in the world. Lastly, Verb is coming out with products that will open up its customer base from direct sales only, to basically any company in the world.
So bottom line, don’t get caught up in the Q over Q Wall Street BS like me. As much as I want this fantastic growth including PPS appreciation to happen yesterday, it will happen when it happens and all signs indicate it will come. So yeah, I think I can wait a few Q’s.
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