New blog post from elevate.
How students are learning to work together through group video projects
Education is a major market for elevate. |
I would agree with this observation from Scott Belsky
‘observed among some filmmaker friends / customers playing w/ generative AI tools: they are not spending less time in editing tools, but they are spending less time behind a camera.
in many cases, time editing is going up and a top request is more integrated specialized models.’
………;.. This is why Cloud based editing with easy access to Cloud AI services can only mean more time spent editing in a web browser. |
Yeah, remember 😀 |
Also potential for no placing. |
Also potential for another placing.
Remember they've never delivered any revenue or profit despite being listed for years |
‘So much potential’ Yes Hyper
Plug-ins and micro services bring Ultimate creativity at your fingertips in a web browser for anyone anywhere
elevate.io isn’t just a video editor it’s a Platform for creators
So many possibilities |
NickB
That is an excellent observation.
Do we not have old links with the gaming world. I don't think much difference between games and ai on integration front.
Drag the content in and integrate. So much potential. 🙂🙂 |
All that generative AI for video needs needs a video editor to put it all together creatively so as to monetise the AI and the billions of dollars being invested |
This is the most interesting event
29 Feb 2024 07:00 AM RNS Placing to raise approximately £1.05 million
Suggests no further appetite to invest in Bird. I think this is it, they need to demonstrate a revenue generating product. My guess is that most of them take themselves too seriously and that's why the paid launch hasn't happened.
My guess is the launch will fail but over time it could be a success. They need to inject speed. Horrific to think 4 years after the £8M placing they still have no paid tier of elevate despite it being a feature lite version of Blackbird.
Incredibly frustrating. |
I suppose one way of raising money is to have some sort of payment gateway for elevate.io Could be set up in a month or two Just a thought |
mk Spot on. |
cyberpub - 3rd party storage integration has to happen at some point. doubtful will involve mirroring files (which would make the customer pay twice!), only the blackbird encoded footprint need end up on elevate servers. so probable the size (cost) would be much less (average ratio would be question for BB), perhaps only encode the content on demand (further reducing storage burden), even purge encoded data based on age (to reduce it further still). it could be reencoded later if needed. only encoded content on an active project timeline or published via spark would need to be retained long term. if all the content is always uploaded to elevate.io it's a different matter and we take the full hit. |
So we’re due another around November 26 looking at the trends & frequency of the historic placings.
Smashing, thanks for that! |
I have done a basic analysis of past placings (please let me know if I missed any)
Oh and if it isn't Nov/Dec it's February
I'd be quite nervous of an IMMINENT discounted dilutive fundraise folks
It seems November/December is the favourite time for Placings when it comes to BIRD
29 Feb 2024 07:00 AM RNS Placing to raise approximately £1.05 million
08 Dec 2021 07:00 AM RNS Placing to raise £8 million
17 Dec 2019 04:45 PM RNS Update re Admission of the Second Placing Shares
29 Nov 2019 07:00 AM RNS Placing to raise approximately £5.54 million
04 Jun 2018 07:00 AM RNS Placing to raise £5.75 million and notice of GM
01 Dec 2016 07:00 AM RNS Placing to raise £3 million & Notice of GM |
So stop whinging on about fundraising and get some positive vibes going for a change. The naysayers and shorters jump on the negative speculation and push it as a done deal. Don’t give them the opportunity. |
Fwiw, market cap £20 million. I'm still hoping something positive happens in q1 and I don't mean another fundraising. |
we are now in the window of execution and still we get despondent comments of doom and gloom.
reading comments on here makes me wonder why some of you are invested / still invested |
Pat
But the work should be largely done |
Cyberbub - it’s not a huge ask, but it needs to at least solve their problems and provide the appropriate value. Give a fair bit of functionality and it’s fine. If you look at Figma they charge as much as £70 p/m but will be offering a huge amount as the product will have developed so much over time.
NickB - clearly I’m referring to the existing product and say this will need adding to for launch - the paid version. |
Also worth saying is that Pro users will have access to lots of other apps
eg elevate users will/ should have Canva
I have been using Canva for graphics to go into elevate
Normal way of working |