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 |
We’re obviously on the same path cabi. |
‘We are thrilled to tell you that we have decided to join forces with a larger platform to help realize our vision of creating a collaborative, AI-powered video creation product. We can’t yet say where we’re going, but we can say that they share this vision, and this decision gives us the best opportunity to help make our vision a reality at scale.’
It doesn’t seem that any significant value has been realised by Scenery’s owners, so presumably whatever they had was not much beyond an unscaleable front end.
The idea that cloud native video editing at scale had been achieved by Scenery, and somehow acquired by Adobe, for an insignificant amount doesn’t seem credible. |
Well, what ever happened between scenery and adobe they are no longer competing. Scenery statement is pretty appreciative of josh mcfarland / greylock so I don't imagine developers all just packed in work and moved to adobe without all parting on good terms.It shows adobe want collaborative cloud editing and with their record of buying up competition, should be an interesring 2025. Sooner rather than later for me. |
We are thrilled to tell you that we have decided to join forces with a larger platform to help realize our vision of creating a collaborative.
Scenery team and I are happy to announce that we are now with Adobe! We had an amazing journey and I'm extremely proud of the product and company we created at Scenery. Thank you to our investors, customers and all our employees that made my life so full for the past 5 years. I'm thrilled to take that momentum and help build the next generation of creative products with my amazing new colleagues. Onward! |
Overlapping posts cabi |
We know software engineers who previously worked for Scenery are now working for Adobe but did Adobe really buy Scenery?
I see no evidence for it beyond speculation on here. |
Well, one way or another, Adobe/Scenery appear to be an item. |
They haven’t bought Scenery.
The Scenery team have just joined Adobe. |
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