I enjoy the discussion too. Sure beats talking to myself on a pro company stock board. Always nice when people post links or facts to back up their opinions like you did.
What if you compounded that monthly at 10%
$2.4M is $730,755,934.90 in 5 years if I did the math right
The market cap at that time would be over $10B. I have no doubt.
Now if they only grew at 10% a quarter, that would be $17,131,563 even compounded 3.3% a month growth
And there you have it as your longer horizon thinking shows
The market cap will really depend on how fast they are growing month to month or Q to Q. as there is a big difference between the two examples.
They got the products now to grow 10% a month.
Could they grow at 100% a month?.
NFTs are a funny thing. Anything is possible.
"We expect that these events will be hosted by well-known influencers and celebrities and sponsored by retailers and consumer brands. Due to the limitations caused by the ongoing supply chain issues many U.S. retailers are experiencing, we’ve recently shifted the focus of these mega events to digital products, such as NFTs among other things ."
"We’ve now shifted to, as I said, digital products. NFT is a big focus among some other things . We’ll announce that as we get closer to actually doing it and making sure that there’s sufficient inventory of whatever it is to accommodate. Those mega events could generate fairly meaningful revenue for us. In fact, even from a couple of those, we could—based on our modeling, we could be looking at more revenue from those events than we did the entire quarter. We’re pretty excited about that and as a result of what that means for Marketplace as we move forward. I can give you some of the information that we’re looking at based upon feedback that we’re seeing from some of the vendors that we’re working with."
Did Rory just say more revenue than Q3 which was $2.4M?
Is it possible Verb can grow revenue 100% in one quarter?
Now keep in mind he didn't promise it .
For those that only hear based case scenarios and forget about the risk. Maybe forget he ever said that forward looking statement.
red, I hate when Rory says that stuff.
Well, he didn't just 'say it'. He was answering a question where an analyst was trying to get a feel for future revenues. You know those are the cats that tell you what the stock might be heading.
Could it be the platform already supports a lot of different things including NFTs?
Ed Woo
"Great. Then the other question I have is you mentioned because of the inventory shortages, you’re going to move to more digital products . Is that something that’s a lot more difficult to do or is it really just plug and play, doesn’t matter what type of product you sell, whether it’s physical or digital, or do you still have to do a lot of tweaks to the platform? "
RC
"Just recently, they—the supplier of the products had to pull out because they realized that they’re not going to be able to get the product to support it. They’re still trying to make sure they can meet the needs of the retail stores that they’re selling into during the holiday season. That caused us to step back and reevaluate the kind of events that we want to do, again, for promoting the platform, and we decided we would shift to digital products for these mega promotion events, so that we’re not going to find ourselves in the same position where a vendor or a supplier can’t meet the demand, which would be—which would obviously be horrible. It’s not the experience we want to provide. That’s where the focus on NFTs came from, and the platform supports all of that very, very easily already. "
Thanks for sharing the long view. Sometimes we are nearsighted.
What if you compounded that monthly at 10%
$2.4M is $730,755,934.90 in 5 years if I did the math right
The market cap at that time would be over $10B. I have no doubt.
Now if they only grew at 10% a quarter, that would be $17,131,563 even compounded 3.3% a month growth
And there you have it as your longer horizon thinking shows
The market cap will really depend on how fast they are growing month to month or Q to Q. as there is a big difference between the two examples.
They got the products now to grow 10% a month.
Could they grow at 100% a month?.
NFTs are a funny thing. Anything is possible.
"We expect that these events will be hosted by well-known influencers and celebrities and sponsored by retailers and consumer brands. Due to the limitations caused by the ongoing supply chain issues many U.S. retailers are experiencing, we’ve recently shifted the focus of these mega events to digital products, such as NFTs among other things ."
"We’ve now shifted to, as I said, digital products. NFT is a big focus among some other things . We’ll announce that as we get closer to actually doing it and making sure that there’s sufficient inventory of whatever it is to accommodate. Those mega events could generate fairly meaningful revenue for us. In fact, even from a couple of those, we could—based on our modeling, we could be looking at more revenue from those events than we did the entire quarter. We’re pretty excited about that and as a result of what that means for Marketplace as we move forward. I can give you some of the information that we’re looking at based upon feedback that we’re seeing from some of the vendors that we’re working with."
Did Rory just say more revenue than Q3 which was $2.4M?
Is it possible Verb can grow revenue 100% in one quarter?
Now keep in mind he didn't promise it .
For those that only hear based case scenarios and forget about the risk. Maybe forget he ever said that forward looking statement.
red, I hate when Rory says that stuff.
Well, he didn't just 'say it'. He was answering a question where an analyst was trying to get a feel for future revenues. You know those are the cats that tell you what the stock might be heading.
Could it be the platform already supports a lot of different things including NFTs?
Ed Woo
"Great. Then the other question I have is you mentioned because of the inventory shortages, you’re going to move to more digital products . Is that something that’s a lot more difficult to do or is it really just plug and play, doesn’t matter what type of product you sell, whether it’s physical or digital, or do you still have to do a lot of tweaks to the platform? "
RC
"Just recently, they—the supplier of the products had to pull out because they realized that they’re not going to be able to get the product to support it. They’re still trying to make sure they can meet the needs of the retail stores that they’re selling into during the holiday season. That caused us to step back and reevaluate the kind of events that we want to do, again, for promoting the platform, and we decided we would shift to digital products for these mega promotion events, so that we’re not going to find ourselves in the same position where a vendor or a supplier can’t meet the demand, which would be—which would obviously be horrible. It’s not the experience we want to provide. That’s where the focus on NFTs came from, and the platform supports all of that very, very easily already. "
Thanks for sharing the long view. Sometimes we are nearsighted.
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