Not sure where the RS conversation is coming from. Maybe
Not sure where the RS conversation is coming from. Maybe the other board that throws shit at the wall to see who they can suck into a conversation because they have no job and nothing else to do? I don't know because I don't read the trash. Why would you do a RS? So someone can brag their share price is $1000 a share.
The current share price isn't stopping institutions from buying. The fact is they are buying more. As this goes on, I picture institutions owning more and more and less shares for flippers. Keep in mind there are only 101M shares outstanding which is low. How many of those are held in long hands?
Rory did debate during the pre launch period, they were considering waiving commissions. To assume it's being waived during or after the festivals is a leap. Could be, but I wouldn't.
What the company is doing for new sellers is only charging a $1/mo with their early access package instead of the $10/mo.- $100/mo. other packages. What is good for Verb is the commission is $15% vs. a range. More money for Verb.
Whatnot valuation, talkshopLive and the other companies in this space have everything to do with the valuation of Verb. It's called comps which is one of the ways to value a company. No one said Verb was worth $3.7B, but it's fair to look at these companies and compare what is similar and what is different as one way to come up with a valuation. As I posted today, there are a bunch of ways. Clearly Vanguard has done their homework as they are a buyer at these levels. If you were selling or trying to figure out the value of your home, would you just but a forsale sign in front that says Best Offer. Probably not.
As far as Verb mail, I saw it as 'all hands on deck' for the success of Market. Small companies have to make tough choices about their limited resources. Even companies with a market cap of $100B+ make tough choices and change gears as needed. It's a smart way to manage a business in my opinion. I would guess the company hasn't talked about it much because if they did say they shifted priorities, some would have 'concerns'.
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