Coverage continues on VERB
More Investment Dollars Could Flow into the Sales Enabling SaaS Sector
Good day everyone,
We are continuing coverage on Verb Technology Company, Inc. (NASDAQ: VERB), a leader in sales and marketing applications utilizing its proprietary interactive video data collection and analysis technology.
Current price $2.88/share
VERB shares closed at $2.88 (+ 25.76%) per share in Wednesday’s session. Trading volume was 9.6M which exceeded the daily average by a factor of 7.3X. Since our initial report on Tuesday VERB shares are up 22%.
How high could the value of VERB get? Most of the competition, that are like VERB in scope and size in the sales enabling sector are private companies. Let’s look at one of those with some minimal public information. In a new fundraising effort this week, Highspot raised $200M from seven funds led by Bain & Company. The investors estimated the company’s value at $2.3 billion.
Article Published by Bloomberg Today
Global Enterprise Video Market Expected to Exceed $33 billion by 2027
Article highlights:
A report by MarketsAndMarkets projected that the enterprise video market is expected to grow from USD 16.4 billion in 2020 to USD 25.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period.
The verbTEAMS app with verbLIVE, its interactive livestream feature, is particularly effective for Shopify users as well as eBay and Etsy sellers. For Salesforce users, the app also has a special one-click Salesforce app synchronization.
Available in mobile and desktop versions, the VERB app is easy-to-use and allows businesses and entrepreneurs to engage directly with customers during livestream sessions through clickable in-video icons to buy, receive additional product information, set up appointments, and other customizable interactive features, while offering real-time viewer interaction analytics to drive sales conversion rates in a friction-free sales setting.
A significant part of the Bloomberg article above is dedicated to VERB and we urge you to read it as part of your due diligence.
CEO Rory Cutaia owns 5,175,350 shares of VERB and CFO Jeffrey Clayborn owns 1,055,670 shares. These C-Level executives have an incentive to enhance shareholder value.
Mr. Cutaia was the founder, Chairman and CEO of The Telx Group, Inc. from 2000 to 2006. Telx was a company engaged in the telecom carrier inter-connection, colocation, and data center business, which he sold in 2006 for $200M. Telx Group would grow to be one of the largest data storage companies in America and it was sold again in 2015 for $1.9B. Mr. Cutaia has experience in building companies and selling them.
Why we like VERB:
Small float
Growing revenues
Disruptive sales enabling software.
verbLIVE
TV show
VERB stock may be one of the most undervalued opportunities as the underlying company assists its clients to dramatically improve sales through maximizing the potential of digital connectivity platforms. The sector is hot, and VERB is approaching the business like no one else is.
Stay tuned and stay informed,
The Team
More Investment Dollars Could Flow into the Sales Enabling SaaS Sector
Good day everyone,
We are continuing coverage on Verb Technology Company, Inc. (NASDAQ: VERB), a leader in sales and marketing applications utilizing its proprietary interactive video data collection and analysis technology.
Current price $2.88/share
VERB shares closed at $2.88 (+ 25.76%) per share in Wednesday’s session. Trading volume was 9.6M which exceeded the daily average by a factor of 7.3X. Since our initial report on Tuesday VERB shares are up 22%.
How high could the value of VERB get? Most of the competition, that are like VERB in scope and size in the sales enabling sector are private companies. Let’s look at one of those with some minimal public information. In a new fundraising effort this week, Highspot raised $200M from seven funds led by Bain & Company. The investors estimated the company’s value at $2.3 billion.
Article Published by Bloomberg Today
Global Enterprise Video Market Expected to Exceed $33 billion by 2027
Article highlights:
A report by MarketsAndMarkets projected that the enterprise video market is expected to grow from USD 16.4 billion in 2020 to USD 25.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period.
The verbTEAMS app with verbLIVE, its interactive livestream feature, is particularly effective for Shopify users as well as eBay and Etsy sellers. For Salesforce users, the app also has a special one-click Salesforce app synchronization.
Available in mobile and desktop versions, the VERB app is easy-to-use and allows businesses and entrepreneurs to engage directly with customers during livestream sessions through clickable in-video icons to buy, receive additional product information, set up appointments, and other customizable interactive features, while offering real-time viewer interaction analytics to drive sales conversion rates in a friction-free sales setting.
A significant part of the Bloomberg article above is dedicated to VERB and we urge you to read it as part of your due diligence.
CEO Rory Cutaia owns 5,175,350 shares of VERB and CFO Jeffrey Clayborn owns 1,055,670 shares. These C-Level executives have an incentive to enhance shareholder value.
Mr. Cutaia was the founder, Chairman and CEO of The Telx Group, Inc. from 2000 to 2006. Telx was a company engaged in the telecom carrier inter-connection, colocation, and data center business, which he sold in 2006 for $200M. Telx Group would grow to be one of the largest data storage companies in America and it was sold again in 2015 for $1.9B. Mr. Cutaia has experience in building companies and selling them.
Why we like VERB:
Small float
Growing revenues
Disruptive sales enabling software.
verbLIVE
TV show
VERB stock may be one of the most undervalued opportunities as the underlying company assists its clients to dramatically improve sales through maximizing the potential of digital connectivity platforms. The sector is hot, and VERB is approaching the business like no one else is.
Stay tuned and stay informed,
The Team
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