Also, it would seem logical to me to expect a higher percentage of subscribers to free users in the professional segment compared to the expected result in the even larger amateur segment. |
Ortegaworm
That’s correct and Ian’s Pyramid description is very apt, elevate for the middle section.
It’s so ripe for disruption |
 Full inception takes time. Elevates' journey has only just begun. Just wait until 12 Labs is rolled out . Let's not forget how they have been progressing since we announced partnership in March. Anyone else been keeping a close eye?Twelve Labs has been making significant strides in its development, particularly in recent months. Here are some key updates:1. Funding and Growth: * Series A Funding: In June 2024, Twelve Labs secured $50 million in Series A funding co-led by New Enterprise Associates (NEA) and NVIDIA's venture arm, NVentures. This brings their total funding to over $77 million. * Expanding Team: They are actively using this funding to expand their team, with plans to nearly double their headcount by the end of 2024, focusing on research and development.2. Technological Advancements: * New Models: They recently released Marengo-2.6, a state-of-the-art foundation model for video, audio, and image search tasks. They also have Pegasus-1 in beta, which focuses on even more advanced video understanding. * Perceptual Reasoning Research: Twelve Labs is investing heavily in research to improve the "perceptual reasoning" abilities of their AI, enabling it to understand the context and relationships within videos more like humans do. * API Playground: They launched an API Playground to encourage developers to experiment with and build applications using their video search API.3. Partnerships and Integrations: * Blackbird: their partnership with Blackbird brings AI-powered video editing capabilities to the Blackbird platform and in the future the new SaaS product elevate.io. * Arvato Systems: They partnered with Arvato Systems to integrate their AI technology into VidiNet, a media asset management platform, enhancing video search and analysis. * Focus on Ecosystem Growth: Twelve Labs is actively deepening relationships with existing partners and seeking new collaborations to expand the reach of their technology.4. Recognition and Awards: * CB Insights AI 100: Twelve Labs was recognized as one of the most promising artificial intelligence startups of 2023 by CB Insights. * Fast Company's Most Innovative Companies: They were named to Fast Company's list of the Most Innovative Companies of 2023 for their work on video foundation models. * GTC 2023: Twelve Labs was featured as a pioneer in multimodal AI at NVIDIA's GTC conference in 2023.Overall, Twelve Labs is rapidly advancing its technology, expanding its reach, and gaining recognition as a leader in the field of video understanding. Their recent developments indicate a strong trajectory for future growth and innovation.Interesting that two start-ups. Elevate and Tweleve Labs are entwined together two potential powerhouses of the future.Did someone in Blackbird say the stars are aligning? |
And yet…here we are at 7p
HCBF? |
I don't think anyone is justified in saying that elevate may be the best out there. Best at what? It's certainly not best at loads of things.
However, elevate has the potential, not only to be the best out there, but, because it is truly cloud native, to be able to service a global audience with the best available video service ever.
Unless you are truly cloud native you do not have this ability.
This is elevate's potential and it is staggering.
But there's still a way to go, and there may be competition down the line.
There is a window for it to be £'s not p's, but Bird needs to get a leg on. |
Bring on a bidding war. 😋 |
The price that a big player may pay could be influenced by what they would spend to stop a competitor getting it. |
‘Elevate may be the best out there...but do we really know what others have been working on.’
I would say yes we do
Alternatives look to be using pixel streaming technology but that comes with heavy overhead and costs.
Fine for thousands of users but not millions
Then there is the Player |
Salmon
Very well put and that’s how I strongly see it. |
While I am more positive than I have been for years (held these for 20+years) we have to acknowledge that the Company have never actually been able to make money from their products. That must be in the back of our minds - even those who like me - have been holding for decades.
Also possible that the lack of interest from big tech is because they have 'alternatives' lined up. Elevate may be the best out there...but do we really know what others have been working on.
Still...I'm positive enough to have tripped my holding as at 8p the risk v reward is potentially staggering! Come on Bird £££ not ppp. |
thanks salmon , all good valid points!! |
Agreed. And I think we have until the new year to stock up at bargain prices. |
joeblogg2
I think we are at 8p because very few investors are aware of the deep detail of Blackbird's proven IP excellence and the plans for elevate.io
There hasn't been alot of publicity to draw investors' attention. I expect that will come when it is launched in Q1. I feel it would be best to hold back until the publicity is accompanied by a seriously advanced elevate with it's subscription model available. That way people won't just judge a part finished product.
In my opinion, the share price has been seriously held down for many months due to several large institutional investors selling millions of Blackbird shares, probably due to a combination of them not understanding the detail about Blackbird and it's significant potential, and also they may have been liquidating various shares that they hold due to their investors redemptions. There was news yesterday about Liontrust suffering from investors redemptions.
When Blackbird are ready to press the GO button, I feel sure that the share price will rise quickly to a more sensible level. IMHO |
well put salmon, why we at 8p :) |
Ortegaworm
This is how I see it.
1. Blackbird management have a clear plan for developing a a very successful business under the current ownership, so they don't need to be taken over.
2. The big companies, who could potentially take Blackbird over must have the technical and marketplace knowledge to see clearly how successful elevate will be, under Blackbird's ownership. They will also be able to make an informed calculation of how much more successful it could be under their ownership.
So, they can work out how much it would be worth paying to buy out Blackbird.
Due to their current size in the marketplace, their calculations would show that it would be worth them bidding billions of dollars to acquire such a high quality ground breaking, innovative, high performance, technically superior video editing platform.
On that basis, I think it is possible that an agreement could be reached.
The longer they delay making a move, the more cost and competition there may be in making an acquisition.
Everyone knows how big video is now and how much it is growing, so to secure the best cutting edge editing platform at an early stage should be an extremely attractive proposition.
The current share price is totally irrelevant because elevate hasn't started trading yet. They would be bidding for the IP which is the net effect of 20 years of research and development just prior to launch. IMHO |
This month. Maybe sooner than expected. |
100k sign up RNS - any guesses when? |
I think it is likely some have the big boys have had conversations around buying us but I think SS and IM have a figure that is probably way beyond what any of the big boys are prepared to pay at this stage so everything is BAU to grow the brand. Does not mean a buyout is out the question in my humble opinion. Only in the advanced stages would an RNS be required. |
Apologies all, missed that. |
Wakey wakey, McSean. |
mcsean - from that link it appears that SVG files are only for Blackbird and not for Elevate. So johnveals is correct in saying it's for the M&E project.
Perhaps it will arrive on Elevate in the future, but no indication on that yet.
Users can now upload SVG files using the Blackbird web upload tool which is accessible from the Blackbird home page into any given account the user has access to. |
Even if you intend or hope to sell, you don't put everything on hold. You carry on building the business. |
Ian sounding very upbeat and confident in that interview.
But while an Innovate grant to go to SXSW and showcase elevate is great for Blackbird, it doesn't seem like the gameplan of someone expecting to be bought out pre-commercial launch, as per Nickb's theory. |
What features need to be added before we switch on pricing?
Any thoughts from the experts here? |
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