When investing in a company, it's good to do a deep dive on

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redspeed
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When investing in a company, it's good to do a deep dive on the competition...

or what's left of them.

Let's start with this one.

Below is a customer list of the company with "Over 1.4 Million Lines of Code!"

The list was pulled from multiple public sources, so some of the customers may be long gone

I looked up the number of downloads, reviews and rating at random and noted a few below. Anyone wanting to spend 15 minutes doing the rest, be my guest.

https://play.google.com/store/apps/developer?id=Krato+Inc.

Two questions for you...

How many of their customers already jumped ship and are now Verb customers?

How many are in the process?

That's easy enough red, I'll just click on the link above and look up the rest for you

There is a bit of a curve ball in there

Of the list of 41, it is possible 1/2 stopped being customers a long time ago

How so red?

Take Ariix. They jumped ship in and came out with the "ARIIX Connect" App Sept 23, 2018.

Another curve ball. From what Linkedin shows, there isn't much left of the company. Less then a handful of employees, if that, from what I can tell.

Much of the 1.4M+ lines of code was outsourced anyway it appears.

Even the CEO & cofounder is onto a different gig. Just launched the direct selling haircare company Theorem Methods.

He also was the CEO of South Hill Designs that he grew to more than $33M in revenue per year

So two of the companies on the list are his - Theorem and South Hill Designs

There are a few sizable companies like Color Street Verb could give a ring...

BIOHM Journey - Google Downloads:10+ Reviews:0 Rating:
Trunited
Cbdatsby
VintageFreedom
Ariix
Jifu - Google Downloads:1000+ Reviews:9 Rating: 3.7 Stars
Afrigetics
Gps
Univia
MyVidapure
Pelesgrace
Neogenics
Esprita
Yoli
Illuminent
Australiana
True Love
Matilda Jane - Google Downloads:100+ Reviews:0
Poetic Xchange
EverBright Direct
Pink Zebra
Live Ultimate - Google Downloads:100+ Reviews:0
Initial Outfitters
Because Cosmetics
New Earth Connected
Fifth Avenue Collection
New Life Usa
Magnolia And Vine
MIG Seed to Soul
Green Compass
South Hill Designs
Pele's Grace - Google Downloads:5+ Reviews:0
Closet Candy
Xperient
Trades of Hope
Secur
Theorem
CB Datsby
Color Street - Google Downloads:10,000+ Reviews:215 Rating: 3.2 Stars
Wanae
Maskcara - Google Downloads:1,000+ Reviews:1 Rating: 1 Star


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