Couple of more interesting things...
"The additional revenue from the newly introduced sales enablement applications, and the revenue we expect to generate from our new verticals, including MARKET, together with a new pricing model we’re about to introduce to our direct sales clients that will better align our interests with theirs creating a true win/win , coupled with these continuing cost reductions, give us confidence in our ability to achieve positive EBITDA and reduce our reliance on the capital markets."
So what's the new pricing model?
One model one of Verb's partners use it Licensing based on Revenue
https://www.directscale.com/pricing/
Don't know if that is the model, but it's one way of having interest aligned.
It's like that Fisher Investment commercial I hear on the radio...
"Simply put, when you do better we do better."
https://www.youtube.com/watch?v=hT4EIwJJOUQ&a...nvestments
Fisher Investment seems much better than what some have described as the financial terrorists on the other site
About "achieve positive EBITDA".
I've been very impressed with how hard Verb has worked to cut cost. They could have hired a bunch of people just to ensure the success of Market launch was a guaranteed success and be paying for it for months/years to come. They didn't.
In fact the 4 Market jobs are still open. Verb was able to pull it off without the extra hands. Getting to positive EBITDA sooner than later can only be a good thing and use capital markets to expand quicker like almost all tech companies including Salesforce.
https://www.verb.tech/careers
"The additional revenue from the newly introduced sales enablement applications, and the revenue we expect to generate from our new verticals, including MARKET, together with a new pricing model we’re about to introduce to our direct sales clients that will better align our interests with theirs creating a true win/win , coupled with these continuing cost reductions, give us confidence in our ability to achieve positive EBITDA and reduce our reliance on the capital markets."
So what's the new pricing model?
One model one of Verb's partners use it Licensing based on Revenue
https://www.directscale.com/pricing/
Don't know if that is the model, but it's one way of having interest aligned.
It's like that Fisher Investment commercial I hear on the radio...
"Simply put, when you do better we do better."
https://www.youtube.com/watch?v=hT4EIwJJOUQ&a...nvestments
Fisher Investment seems much better than what some have described as the financial terrorists on the other site
About "achieve positive EBITDA".
I've been very impressed with how hard Verb has worked to cut cost. They could have hired a bunch of people just to ensure the success of Market launch was a guaranteed success and be paying for it for months/years to come. They didn't.
In fact the 4 Market jobs are still open. Verb was able to pull it off without the extra hands. Getting to positive EBITDA sooner than later can only be a good thing and use capital markets to expand quicker like almost all tech companies including Salesforce.
https://www.verb.tech/careers
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