Yes UK doesn’t stand a chance against the US in tech due to poor mindset in the City
So we will get acquired by US big Tech (imho) |
Silicon Valley v. Thames Valley. Big sigh. |
At this stage it’s a very specialised investment, in the US it would be Silicon Valley venture capital
Exit via acquisition |
One of the best investing books I've read is Investing Through the Looking Glass by Tim Price, it looks at how the investing landscape is projected, and the reality. Fund managers, and Tim Price is a fund manager, do not come out of it very well. It is very readable and well worth the small effort. |
Horneblower, yes they are, but they will operate under rules designed to protect themselves, rather than deliver gains to their clients.
I think we just need to be patient, I've said it elsewhere and been spectacularly wrong, but here seems different.
Time will tell.
Lyqwyd, exactly.
££££ not pence |
Selling the future is an extremely difficult task requiring specific skills. We don't know what level of effort is being applied and if the company is involved in any commercial merger/sale. Speculation is interesting, but finance is real. My own feeling, as previously stated and been shot down by a giddy few, is that if no deal is done and we go it alone, revenue growth from elevate will not initially grow at a rate to offset cash burn. Later growth will be exponential, as previous business cases display, and all will be rewarded. Just keep the faith, but be aware that you may have to put your hand in your pocket short term. |
🤔 maybe maybe not 😀 |
jv, It's the funds I'm talking about...although no doubt they are also run by idiots.
That's why we should be talking to them.
NickB, so you're not an investor in BB? |
hornblower
Yes I agree but I’m not following the market |
The 'market' is a weird and wonderful thing, a collective of individuals, most of whom, it has to be said, are idiots dominated by their own psychological biases and completely unaware of the fact. |
So, you agree? |
‘the market does not believe it. ‘
Yes as a ‘market’ it probably shouldn’t believe it.
And that what makes it an interesting investment for me! |
I entirely agree that the superior efficiency of the video codec IS the investment bet here.
Not the clever bells and whistles that can be added; nor the amount of product promotion; nor how clever the AI add-ons are; nor even the quality of the board of directors.
It all rests on the ability of the program to be able to cope with not 100,000, not 1 or even 10 million, but 100 million users.
If we, and only we, can do this, then the company will without doubt be worth billions.
However, this has not been proved yet, and even if it had, the market does not believe it. This is why the share price is where it is.
This is why I wish the directors would start to spread the word, if not to us, then to some strategic funds. |
 NickB
Investors are so gloomy and untrusting, it’s a shame, we have great highly
talented people who I believe are doing everything possible to make elevate a fantastic success.
I agree with the above but just because we have a very talented team and seemingly highly impressive technology and vast experience from M&E.....that doesn't mean we can overlook 20 years of BIRD being an appalling investment.
Whether it will be better over the next few years depends massively on monetising elevate and being on a secure financial footing. Being able to negotiate from a position of strength. Rather than looking at where the next £3m fund raise to keep the lights on for another year is coming from.
At June 2024 we had £3.275m cash and £2.3m short term investments (I assume gilts or similar) so £5.6m total.
Cash burn is approx £1.5m/6 months. So around now we should be £4m or so.
It should be enough for us to get to seeing some paid users of elevate.
I also agree with the posts about the world moving from shortform (2 min vids) to longer form videos. i.e. less Tiktok and YT shorts for 2 mins.
Instead it will be about 60 minutes of footage edited down to the highest quality 15-20 minutes that captivates attention.
The algorithms massively reward videos that people watch til the end.
It means a well edited video that keeps you watching til the end will succeed and has much greater chance of going viral.
What was the term Kell used on the insta feed? Retention? Or something else? |
hornblower
Stephen has talked about this multiple times Blackbird 🐦 035; is the only Cloud video editing codec and it was designed for this, others have to use off the shelf video codecs not designed for doing this and they require a lot more Cloud resources which might be fine with a few thousand users but not hundreds of thousands or millions
That is the technology investment bet here. |
HB.
We know elevate can scale.
It’s already proven in the M&E space. |
How sure are we that elevate.io won't succumb to the same problems of scaling?
Is it due to SS's codec being more efficient and if so, how much more efficient is it?
These are questions I wish the board would answer/clarify. |
Yes and no
Easy to break it under stress as an individual user I found so extrapolate that to hundreds if thousands or millions of users hitting the system I don’t think it would pass.
All imho
Pricing would perhaps become uncompetitive if they had to throw lots of Cloud compute horsepower at it.
My guess these startups have discovered how difficult this really is.
Stephen did say it would be.
So back to Blackbirds technology USP I guess
It becomes more important for very large companies with millions of users and public performance perception and bad brand damaging PR. |
Didn't Scenery work? |
John
Correct imho
Another company called Sequence has had to pull back because they can’t seem to get it to work outside of their office (it seems)
I have been on their waiting list for years and it’s still Alpha
Has lots of features present that investors criticise elevate for not having but ours works 😀 |
The top engineering guy at Scenery used to work at Adobe he appears to have gone back and taken some people with him.
Probably because they were about to lose their jobs at Scenery?
I can’t see Adobe working with Scenery it’s not their style.
So waiting for the next announcement from Scenery
Anyway we currently have little to no competition in Cloud video editing
Having said that Adobe is working on a web based video editing tool (publicly talked about) so that’s interesting |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
