My time of helping educate Verb investors is comin
Post# of 32642
My personal commitment was to help you past the event horizon
We there...
My passion is a bit greater so you'll find me for the moment on another board
I have no intention of being a mod on 13 board, e gads
What would my kids think of me...
One last SaaSy post because
There was never, ever a BW that knew shit about SaaS companies...
But, they sure got you stir'd up which is what their job is...
Raise you hand if...
If fell for that again...
You know
The posts with all bite but with no links or 'proof', eh?
Let's take a look at 3 SaaS IPOs in play
What do they have in common?
Growing Revenue
Growing Loses
High Valuation
" SimilarWeb shares to hit NYSE today at company valuation of $1.8 billion"
But they are only growing at 32%. According to the liar board, that is impossible a company that is growing at that rate to be valued so high
https://www.calcalistech.com/ctech/articles/0...61,00.html
" WalkMe files for Nasdaq IPO, reveals $157 million annual revenue
The Israeli website navigation company is believed to be targeting a $4 billion valuation"
"The company concluded 2020 with revenues of $148.3 million, a 41% spike compared to 2019. However, its operating loss amounted to $43.2 million and the bottom line loss was $45 million."
Losing money and valued at $4B. According to the liar board, that is impossible.
https://www.calcalistech.com/ctech/articles/0...42,00.html
Read WalkMe F1 here:
https://www.sec.gov/Archives/edgar/data/00018...770df1.htm
Monday.com files publicly for U.S. IPO, reveals $39 million net loss in Q1 2021
"The Israeli team management startup didn't disclose how many shares it plans to list and at what price, but previous estimates have placed its value at around $4 billion"
"The company’s revenue rose 85% to $59 million in the three months ending March 31, its filing showed. Net loss, however, widened to $39 million from $19.9 million in the same period."
Huh, according to the liar board, tech companies should be profitable or they will go under a $1. Their net loss last year was a staggering $152M
They currently have $124M cash on hand. If they don't raise money in the next 6 months the liar board will lead you to believe they will go out of business
https://www.calcalistech.com/ctech/articles/0...29,00.html
Read Monday.com F1 here:
https://www.sec.gov/Archives/edgar/data/00018...8-4_f1.htm
Did you know Monday.com has a CRM component?
Did you know Monday.com can be used to blast out 100's of emails?
Did you know Monday.com could really benefit from interactive videos in the emails but doesn't have it?
What is different with Verb than the 3 companies above?
Unlike an IPO that usually only venture capital companies can invest in, the public can invest in an early stage SaaS with Verb
Verb is creating a new market with new products, not rehashing existing products including CRMs nor layer on top of something
Oh and Verb is working on being cash flow positive and not expanding losses which is extremely rare for a company at this stage