Cyber
Sorry I think I got the decimal point wrong
$0.016
So a tenth of your figure!
As someone else said that price could get lower again
You might find more free users increase the margins on the paid users since their storage costs per GB also go down.
Then you have how many free users upgrade because they have run out of storage (every editor runs out of storage).
So many dynamics at play for us investors to really be accurate on this |
Yes mate DJI Mini 4 pro |
great video worm, i assume drone footage? |
At the volume we would be looking at, they won’t be getting the off-the-shelf pricing. |
cyber, are you pitching the average storage per user at 4gigs? |
So roughly £650k per month for 1M users, assuming they haven't been able to negotiate some sort of discount. Are there additional feed per GB streamed as opposed to stored? |
$0.16 per GB per month is the figure on the AWS website
Free account may have 5GB storage
So do the math for storage part |
 Horneblower, I agree with your point about financing growth, it's a valid concern and one that I and others have made. But perhaps the company are hoping that if they release RNSes saying that they have broken 100k users, 250k users etc, the share price will be at 20p, 30p correspondingly, and then raising (say) £5m to finance growth is far less dilutive? At 20p, £5m is only a 7% dilution. That's certainly the classic growth model employed by Twitter and any number of tech startups.
If you look into the history of Twitter, their user numbers went hockey stick over the course of 6-9 months, they did at least 3 rounds of financing at a rocketing valuation each rime, and at the end of that short period Zuck decided to take them out for a billion dollars when they still only had 12 employees.
Could it happen here? Personally I think there's every reason to think so. Obviously our user numbers will never reach those of Twitter, but on the other hand the average twitter user (even before Musk destroyed the company) wasn't making £3-4 per month for them, which if we get 10% take-up of paying users, we will make.
NAO etc |
NickB, Yes, I agree.
I know nothing about how the cloud companies charge for data storage and transmission, but I imagine that a million users might create quite a hefty invoice. |
hornblower
Fair to say with 1 million subscribers they are not all going to be using elevate at the same time so costs are not as bad as thinking 1M users at once.
I think they will have a lot of levers to pull to protect finances like putting limits on free accounts in many ways.
Like reducing storage, time limits etc. |
Spare a thought for sellers at this time and price 😀 |
And good looking. |
It makes complete sense we are where we are from a Share Price perspective. So data suggests less than 14% of adults invest independently. That figure is even less from an individual shares perspective, and even less again from a sophisticated high risk shares perspective. With governance as high as it has ever been in terms of Due Dilligence and acting responsibly it is understandable why Institutions have sold out as well when specific metrics have receeded to X.We are extremely hard to analyse from a financial perspective, and many figures such as P/E can only be speculated, until we turn to profitability due to it currently being negative.Unless you have the vast knowledge and understanding of our product and its potential. i.e Blackbird Team, us fanatical cult bunch and maybe some industry experts looking at and following us.Then yes the investor sentiment is not there and will continue to not be there. That is until significant news arrives.I do think the 100k will move us to double but that may not happen till the new year based on a Land and Retain philosophy and they won't want to do that until the product is functioning at a capacity where people are happy to maintain a monthly subscription cost.Excited for the week ahead but won't be getting disappointed if little happens.Surely we are due another Podcast though. Although maybe the recent delay in one is because the next one is going to be a bit more special than usual?P.S When I say Fanatical Cult Bunch what I really mean is highly sophisticated, patient, and intelligent investors. |
Once we get the next subscriber update we will be better positioned to extrapolate figures. Not long to wait I suspect. |
You can model all you like but if you don't know, in advance, how quickly you're going to reach a mil, you cannot know your future cash outflows.
If, without doing anything, you reach that figure in three months, say, the cost of servicing all those non paying users could wipe out your cash quite quickly.
That is why I asked what the data cost might be for a million users.
However, it would be a nice problem to have! |
Indeed. But a simple problem to model. |
The problem may not be how fast we can scale, but how fast can we finance the cost of scaling. |
It boils down to how far and how fast can BIRD scale.
Unless we are bought out. Which certainly simplifies the problem. |
True, but our product, with its architecture, is not a secret...the whoosh could come at any time. |
Your right the estimates are speculation but not out the question. The point is in 6 months we will have a much stronger idea of all the variables and so will everyone else. At that point it's Whoosh. The only question is. Is are we best in class technology?I dont think I need to answer that question. |
Product Led Growth
It sells itself. |
The 2 petabytes are what Enterprise is using.
As for a buyout valuation, it’s any ones guess, but I can’t see IM or SS letting it go for a song, they understand what it is worth. |
I recall that SBS said in answer to a question that the elevate margin was at least 95%. The unknown variable is the cost of user recruitment. But they did say that they had spent £1500 to get to 1800 users which is peanuts. |
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