Thanks for posting the transcript! One thing I
Post# of 32968
(Total Views: 668)
Posted On: 04/01/2021 7:20:15 PM
Thanks for posting the transcript!
One thing I really found interesting is the following, among other things indicating the Microsoft Outlook integration is in beta test, and there is a large customer trying it out:
Look, there’s over 1 billion Outlook users worldwide. Think of that. We’ll offer it as an add-on to the monthly Office 365 subscription. We’ve now begun the public beta release of the application with some high-quality beta testers, including a large telecom services provider. We anticipate a 30- to 90-day beta period before the general release, although we will likely begin an invitation-only public release much sooner than that. Look, we want to create a buzz and build demand and awareness, similar to the strategy adopted by Clubhouse. How many people do you think would like to click right in their Outlook toolbar, record an interactive video and send it out through Outlook, instead of typing an email?
Another thing that really is encouraging is the following:
“ One of the first customers to whom we offered an extended free trial of verbLIVE has now become our largest subscriber yet, that we expect to generate up to $1 million a year of SaaS recurring revenue, much of which we will recognize and report this year.
As we come to the end of the initial free trial period that began back in January, our Sales Team is reporting a robust pipeline of other large enterprise clients who, after their free trial periods, are ready to commit to full-price, long-term subscriptions.”
One thing I really found interesting is the following, among other things indicating the Microsoft Outlook integration is in beta test, and there is a large customer trying it out:
Look, there’s over 1 billion Outlook users worldwide. Think of that. We’ll offer it as an add-on to the monthly Office 365 subscription. We’ve now begun the public beta release of the application with some high-quality beta testers, including a large telecom services provider. We anticipate a 30- to 90-day beta period before the general release, although we will likely begin an invitation-only public release much sooner than that. Look, we want to create a buzz and build demand and awareness, similar to the strategy adopted by Clubhouse. How many people do you think would like to click right in their Outlook toolbar, record an interactive video and send it out through Outlook, instead of typing an email?
Another thing that really is encouraging is the following:
“ One of the first customers to whom we offered an extended free trial of verbLIVE has now become our largest subscriber yet, that we expect to generate up to $1 million a year of SaaS recurring revenue, much of which we will recognize and report this year.
As we come to the end of the initial free trial period that began back in January, our Sales Team is reporting a robust pipeline of other large enterprise clients who, after their free trial periods, are ready to commit to full-price, long-term subscriptions.”
(13)
(0)