What I like is, now that Verb's Market is official
Post# of 32627
As I posted last Thursday about Whatnot, it was hard to do a valuation comp when something isn't launched. Now it is and from all the reports I've heard, very successfully.
Analyst now know it works, what the revenue model is, what brands are signed up, how fast they are signing up and the number of hosted events they can easily do at the same time.. They even know that more than 1/2 the sales come AFTER the live event which means virtually everyone will want their own store.
I suspect Market.Live will be at the forefront of the earning call in a few weeks with Analysts all a buzz. I mean, how else are you going to invest in shoppable live streaming other than to buy Verb stock or one of those humongous brands that is focus on so many other things?
Oh and since Google is investing in Whatnot, offer Mark Cuban a stake in Verb and watch the sp go nutz.
https://investorshangout.com/post/view?id=6441451
Quote:
"That should help institutions figure out the valuation of Verb once it goes fully live with 100's of stores. Next week is a watershed moment for Verb.
Whatnot reminds me of, if Craigslist added Live streaming. It's a bunch of stuff. Take a look...
https://www.whatnot.com/
If anything, they got the name right. Whatnot.
This, That and the Other Thing would be too long.
If I'm keeping track right, they now raised $485M. Oh the dilution!!!
You gotta wonder what they are blowing money on.
Verb's market cap is $66M. I think it's fair to say once Verb gets rolling and revenue comes in x10 that is not out of the question. I don't see Whatnot attracting any of the brands Verb does. Maybe Rory can do another video with that guy and talk about Whatnot. Great that he mentioned there is a whole other business to Verb. Some people forget that or don't know.
Worth Noting: Google is now investing in WhatNot. That is very encouraging Verb might get a big tech firm taking a position one day also or buying the whole shooting match."