Fantastic 14min mini documentary on the early days of Canva as just an idea and Melanie Perkins with her vision for everyone to be able to design, and how she got investors
Lots of parallels with elevates vision
Very much worth a watch |
Sorry bonio my frustration with your 5p to launch got the better of me. |
I didn't say it was nick
How about you stop putting words in everyone's mouth? |
bonio
That’s irrelevant to the investment case. |
Who cares? They have their agenda we have BIRD’s.
Seriously |
So I was right about a seller. Could be at 5p up until launch. |
To extrapolate from Chris.
Pbt of 50p per share, a multiple of 32, SBS is a billionaire, I’m a multimillionaire and so is anyone with more than 125k shares.
Just like that.
Get with the program people, talk of a share price of 30p is just nonsense, assuming we build paying users.
££££ not pence |
Nice post Chris
Eventual Total potential is to see video editing and clipping tools on nearly every desktop in the world
Google Docs level of normality
Video is an essential part of life’s communication
But much of it will need editing and crafting to be effective.
The only way to do that is through the web browser that everyone has. |
Thanks MK
I must have left by accident of mouse!! |
thx ssb for supporting. salmon9 it shows you having left on '02 Jan 2025 16:21:57' but rejoined 3rd jan so the universe looks like back in alignment. |
I see they published a 500k sell at 4.75p from yesterday, after today’s close.
02-Jan-25 12:14:01 4.75 500,000 |
 What we do know is that SR had a plan when he approached Bird and sio far he has stuck to it. The next step once everything is lined up and proven to work and to be reliable is the launch of the paying version. from memory he didn't say how they would get to 1M paying users but that was his initial target. BIRD has recruited 3 NEDs who have experience in marketing to consumers so they come with expertise that will influence what methods and software are adopted e.g. AdeK is an NED of William Hill so she is likley to know how high volume customer transactions are managed.
The consequence of a successful launch is a rapid build up of cash and profits. 1M paying users (the first target) even at the lowest expected average monthly subscription(£25) yields £300M in receipts. At very worst they don't expect costs to exceed 30% so that generates £210M of cash and profit before tax i.e. over 50p a share. If they end up paying £1.50 for each user which is what they said the first recruits in September 2024 cost that 50p will be much higher. What will the share price be then? By the end of 2 full years they might even be generating so much cash that they buy back some shares or pay their first dividend e.g 5p a share would cost them less than £20M... that would certainly interest pension funds and financial institutions paying annuities.
I don't think even the most knowledgeable members on this Board have yet grasped how much elevate.io can gain customers in markets that have not even been mentioned to date. I certainly haven't but I can think of things I use Google for that video would transform, probably wiping out their existing competitors within 12 mths. How much is that worth to them and what woukd they pay to stop a competitor deploying it first? |
Good thinking Salmon
They are VERY analytical, very measured in execution and will have carefully developed their go to market strategy.
It’s the same approach I have picked up from the way elevate has technically progressed, every update has been methodical and perfectly implemented no short cuts or compromises for short term gains which they could have done |
I have been gifting a few ADVFN coins to a few, We all in this together.
SSB |
Volumes are still tiny as they have been for ages - barely £12k traded today. |
Very odd trading. Up down up down. Thought we might have seen a big sell by now. Nothing. |
Indeed. I'm using Google finance for live quotes at the moment. |
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