Oh ok good on the aqua thing. Hey Salty's gme thread has 26K and its less than a month old. That's gotta be the most viewed thread. Skittles huh? Those packages were always biodegradable I thought. Just paper treated with parafin. hmph. Well, its a start.
SPROUT SOCIAL IS A BUY TODAY! Sprout Social has several levers to durable growth, says Canaccord 08:00 SPT Canaccord analyst David… SPT IS A GUMMY OF THE DAY
Hey Salty's gme thread has 26K and its less than a month old. That's gotta be the most viewed thread. I don't know Salty I assume he's a great guy unless he's a girl -- Let me just say when you put Gamestop as your header you are disqualified!! Or Tesla PLEASE--- We have people tuning into a thread called GBA's "2021 Stock Phantasma" Think about that! Nobody even knows what it means but why do they tune in.. 1/2 because FOMO-! the other half are just real people trying to get by in this market, trying to beat the market without buying stocks like GME.
Stoney do you keep CNBC on in the background during the day? Is anyone else besides me sick of that stupid commercial they have run at least 18X/day for the company that's "going to save America". With the little robot cop thing rolling down the sidewalk. They don't say the company name, they just show the website, and its sooo friggin annoying I'm not gonna even give them the courtesy here to say the name of the company. Here's the thing.... AND DIG UP CNBC if any of you read this. The FCC passed a rule years back where cable and broadcast providers are not allowed to elevate the sound level on a commercial. WELL THIS COMMERCIAL IS IN VIOLATION OF THAT RULE. I can keep cnbc on a low volume in the background for white noise and listen in if something seems interesting, and then all the sudden (booms)... "WEEE ARE ON A MISSION TO SAVE AMERICA". And they run it 2 or 3 times an hour. Gimmee a break. Adjust the sound levels on that b*****. Thank you. EDIT: If someone has a Twitter account, do me a favor and forward this to Joe Kernan. He reads all his Twitter posts. It really is annoying, and they jack that sound level way up. Joe will get it fixed.
i feel like bioplastics are going to be a somewhat sad joke and then suddenly they aren't going to be anymore. i would put the skittles news in the somewhat pitiful territory. however, mars wrigley is trying to transition all packaging to fully recycled or biodegradable by some date...maybe 2025? 2025 may be the year of the bioplastics. salty's thread is special.
Hey Van I'm getting a Gore Holdings itch I do not know why... I have gone downtown to the headquarters of the NYC regional division and I had a " session " again... I want to make this part of my life! 3D leader Matterport Presents... The Miranda Kerr Experience
also stoney's BFT / Paysafe...i think the merger vote is tomorrow. Which would put the ticker change day to Monday? I don't see why the ticker change day won't have that same 30% jump as Aeva's ticker change day. BFT is up a little in premarket, but if it dips back down at open I'm adding some more.
... What Matterport does is they provide a platform to bake really impressive 3D maps of the inside of buildings, virtual tour technology think of, things like that. They are the company behind the software for that. They have over 250,000 customers in 150 countries around the world. So this is not necessarily an early-stage company. They've been around for 10 years now. They have over 10 billion square feet in their library of space that they've mapped already. They're not new at this. They use a software-as-a-service model, also, meaning that they sell subscriptions, their recurring revenue model. They've been around for 10 years; 2020 just kind of catapulted them into the next level. Think of what happened when 2020 started. We all know that there was the COVID pandemic, and everyone was staying inside, and before March 2020, Jason wouldn't be talking to me from his house. He'd be in the studio talking to me. Everyone stayed inside their house, and the real estate market just kind of went nuts. Not only are mortgages cheaper than they've ever been before, but inventory is scarce, and things like that sort of created this tremendous need for people to be able to see prospective homes to buy without actually going there. That's perfect for a company that can 3D map the inside of a property for virtual tour purposes. The revenue increased over 500% last year. Don't expect that every year, that was the COVID effect. Remember, there's a subscription model, so if they quintupled their subscriber base in 2020, that's a sustainable boost in revenue. Revenue in 2020 was up 87% year over year. Pretty impressive. The 500% was their subscription based revenue. So currently less than 1% of real estate around the world has a 3D map made of the inside of it, less than 1%. So still a pretty big growth market. They're going public through the SPAC deal. It's valuing them a little bit more, about double Latch's value. They are valued at about $2.9 billion. That includes $640 million of cash they're getting in the deal. They're getting a $295 million pipe, which is the private investor round, and they're also getting $345 million from the SPAC, the Gores Holding VI that you were talking about. Couple of impressive statistics that I read. The lifetime value of their subscribers is now over almost 12 times what their cost of acquisition is. That's pretty good economics. So each subscriber they get is bringing in 12 times the amount of revenue throughout the lifetime than it's costing them to acquire. That's some pretty good economics that can really snowball over time, and like I said, the 500% growth in subscribers, just really impressive. Impressive growth, really sustainable. It's really making the use case for this, because having a 3D map version of the building, it opens up your home tours to people who aren't near you even after the pandemic. I'm trying to think here now, with Gores Holdings VI, I mean this to me indicates that this is their sixth go at it. Are there five other Gores Holding SPACs that have launched to this point? Frankel:Well, there were five others before this that have taken companies public already. I think there's of Gores Holding seven, and an eight out on the market right now. Moser:Got you. Frankel:So six have identified their targets, five have already gone public, and I think there's two pre-deal Gores Holding stacks that are still in the market. There is 3D mapping, the other thing I wanted to mention, and I'm glad I didn't forget this. It's not just 3D home-tour technology. This has implications for design, for construction, for property management. Really, every area of real estate could use a 3D imaging technology inside of the building. Moser:Yeah, I think you're right. Frankel:We're having a small addition put on the back of our house next year, and we're working with an architect and they're using a 3D mapping technology, that's one application of their product.<-- ahem But are they using Matterport I don't think so!!! It's a huge addressable market opportunity. It's a pretty rich valuation for the company;
janes I have found these to take a few days to a week... Yahoo finance might have the ticker change 1st day but might show both symbols for a while. More specialized sites it seems to take 1 week...
The merger will result in a combined company operating under the Matterport, Inc. name. This will also have shares of GHVI stock switching over to the new MTTR ticker. The deal is between the two companies implies an equity value of approximately $2.9 billion. It will also provide Matterport with $640 million of funding after the deal closes. That comes from $345 million of cash held in trust by Gores Holding and another $295 million from a private investment in public equity (PIPE). The deal is set to close in the second quarter of 2021.