Yes complete service
It’s going to be frictionless between services |
In the presentation, IM, SS and SR stated several times that elevate isn't just a video editor, but is firstly a "video content creation platform and a video management platform, and then it will additionally be a video distribution platform."
Sumit and Stephen explained that that complete combination doesn't exist anywhere else.
They want elevate's subscribers to, in due course, have a complete service.
Sumit emphasised that because elevate is in the cloud, they are bringing it all together. This will be a challenge to the market of installed software professional editing products.
He said people in the industry are shocked to see that elevate is in a browser. |
On distribution I asked them if the Blackbird spark video player can be embedded into any website and their answer is yes.
There are a lot of websites in the world and embedding YouTube in them is a poor choice. |
IMHO
Investors should stay focused.
Don’t self sabotage with doubt |
Chris
Great post |
Excellent perspective chriscallen. |
Yes the Distribution aspect is fascinating
VERY strategic thinking they have really thought this through.
Once you join all the dots it’s a 💡 moment 😀
elevate isn’t just an editor it is a creator video platform |
 The time to judge whether BIRD is a good investment will not be before the end of Q1 2025. In the past BIRD did not have a credible product for a mass market, now it has exacly that. It also has a CPO who is on record that can seen online and so far he has stuck to what he outlined then. Once released everyone will be able to see if it looks likely that the initial target of 1M paying users is achievable. The downside then will be triggered if they look like falling materially short. Equally the upside will be triggered if the numbers of paying users rises quickly. SR has his own experience with Sony Vegas and 3 NEDs who know how to expand a tech company fast.
From past history Adobe which floated in 1986 launched what is now its current product in 2013. It had 1.4M active subscribers at the end of that year and currently has 29.5M. In that year 2013 Adobe had 12,499 employees. But much of the activity was and is in respect of static material not video.
By contrast BIRDs base is miniscule, its payroll must be around 50 currently and it is now focused on the new video product. If it hits its target of 1M paying users on the lower figures of the first financial model (income £25 per user per month) they will hit £300M turnover in a full year. That model assumed total expenses of 30% of turnover and on that basis a profit of £210M would be expected. There are just over 387M shares currently in issue. So the downside is a share price of 0p and the upside is a share with an annualised 56p of earnings which is growing fast and which must be reflected in the share price So it all depends on whether you think SR and his team can deliver what they said they were aiming to achieve or whether elevate.io becomes a failed product. At the moment they are on schedule and the product looks to be very reliable with tools and features not available elsewhere. |
Well said everyone.
At several points in the June presentation IM/SS/SR made it very clear that in due course Blackbird's greatest financial potential is in facilitating video distribution.
If they aren't taken over in the near term, they seem very clear about their forward path for taking the company to a position where it's value would be tens of billions of dollars! |
Yes all good and on track. Getting exciting for the new year. Ignore the hateful comments. 😊 |
…hand holding rns 😂 |
Well said Salmon.
Yes investors should watch that June presentation again, so much information and genuine excitement about the future.
How do I know it’s genuine, well elevate actually exists and it’s brilliant, it works, it’s well advanced in it’s development I have a very good idea of what is certainly coming and probably a few things I will be interestingly surprised by.
They are delivering
I have seen it I have touched it and I have used it |
@cyber, you've talked yourself into thinking there will be an RNS.
BIRD don't need to hold PIs' hands and reassure them every week that things are still on track.
An RNS like that wouldn't be for the benefit of IIs or large shareholders.
As Salmon pointed out, BIRD have laid out a solid timetable and have kept to it so far. They would only need to update if something were to go wrong, or if there is material £££ news to report.
A week before Christmas? No news is good news.
If you're getting jittery because there is no hand-holding RNS, maybe you're feeling overexposed? |
Of course the people stinging you mugs for six figure salaries are convinced they are doing the right thing. They're paid to believe it or pretend to believe it. |
I have just watched the June presentation again, and this time I understood so much more depth about elevate planning and spark etc. It was very reassuring.
They were totally convincing regarding their conviction of what a success elevate will be, and the supporting facts which make it all so believable.
The previous years of technical development have provided the accelerating thrust for the development of elevate.
They sound to be bang on target with what they promised in June, regarding the launch timetable. I think it is totally correct that they control when they release information to the investing public. The release of information needs to fit exactly within their detailed planning, and so I feel it is wrong to criticise them in this regard, by pushing them to release information before they are ready to do so.
I feel certain that they will release information in a calculated way as part of the development plan. They surely won't be influenced by impatience here. It would make no sense to do so.
They deserve our 100% support. |
i'm not too worried, the current free users are not going to convert to paying customers anyway. maybe a few but not in numbers.
potential paying customers won't start using elevate until the full version is launched.
the current level of free users is purely to test the system.
hopefully they are on target to launch in march. |
I recon that 40k announcement was the last we will hear from them this year.
How miserable.
I was so hoping it would turn out like HB was predicting, but as usual Blackbird massively disappoint.
There will be no Whooooshing here. |
We need (deserve) a progress update this week or first week of the new year IMO. Otherwise people will start to suspect that there are delays. A substantial feature drop would also be helpful. |
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Possibly a profit warning cyber ?
[EDIT : Silly me. Profit. WTH am i smoking ? I meant 'bigger losses warning'] |
Is your excuse the Churchill again? Peasant
:D |
Peasants irrelavant.
Watch.
No advice
BWTFDIK
SSB |
Get a call out in the Simply Wallet report as a gem, albeit it’s an AI generated report.
For those with the Apple Stocks app - |
Max offer 200k at 5.43pWoooossssshhhhhhhhhhh |
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