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Pokerchips
Thank yuo for your response. I was concerned that Google might be entering the Elivate market. It would appear not the same product at all. That is not to say one of the big boys are not looking at the video editing space. They could of course buy us out, if they would be allowed too. Hopefully Blackbird will get a move on now they have a product to sell.
"They have given up on the Blackbird product and strategy that has been driven for the last 5 years under Ian and now reinvented themselves as ElevateIO."
What nonsense...
They have created a new product , but HAVE NOT given up on the Blackbird product....they are currently exhibiting at NAB in Las Vegas , for goodness sake after recently being at a conference in New York.
I think it is fairly common to update LinkedIn profiles , so I would not suggest doing so means one thing or another .... I would not jump to any conclusions , although it seems you already have
Has anyone noticed that Ian has update hi LinkedIn profile. It now reads like CV looking for a new position. Revised to be an entrepreneur that raises cash, resets strategy etc. From past experience when this happens the individual is marketing themselves for a new job. They have given up on the Blackbird product and strategy that has been driven for the last 5 years under Ian and now reinvented themselves as ElevateIO. Different market, user base, pricing model, marketing & sales model, etc. Wonder if his revision of his LinkedIn CV is a reflection of his belief in the new strategy. Thoughts?
I think it is important to see and understand what Google Vid is, and what it is not ...
" Google Vids is very much not an app for making beautiful movies… or even not-that-beautiful movies. It’s meant more for the sorts of things people do at work: make a pitch, update the team, explain a complicated concept "
“The ethos that we have is, if you can make a slide, you can make a video in Vids,” “No video production is required.”
" Based on what I’ve seen of Vids so far, it appears to be roughly what you’d get if you transformed Google Slides into a video app."
https://www.theverge.com/2024/4/9/24124168/google-vids-video-ai-workspace-app
Considering what's going on in the video editing world just now and the massive development of AI within video production, it is imho quite astonishing that share volume is so low here at Blacbird. AIM is certainly does not appear to be as it was pre COVID. So disappointing that the excitement has drained away from it, I suppose it mirrors the reality here in the UK. We all need an economic boost and the world to be a more positive place. Fingers crossed for a better future.
Thanks for that post. No evidence that we are involved in Google Vids, but if we are not, we certainly should be, or at this stage in Blackbirds history at least working with a major so that our disruptive tech can be fully utilised. NAB 2024 starts in a couple of days, I would expect any major news to be timed with that. IMHO. DYOR. And GLA.
All of the major vendors have been looking at ways to use AI to help customers develop creative content. On Tuesday at the Google Cloud Next customer conference in Las Vegas, Google introduced a new AI-fueled video creation tool called Google Vids. The tool will become part of the Google Workspace productivity suite when it’s released.
“I want to share something really entirely new. At Google Cloud Next, we’re unveiling Google Vids, a brand new, AI-powered video creation app for work,” Aparna Pappu, VP & GM at Google Workspace said, introducing the tool.
Does the above impact Blackbirds video editing offering. Comments.
" Hopefully, I am allowed to have an opinion rather than being shot down for having one ????????? "
Very amusing coming from you,SisterAct whose only purpose here is to shoot down other people´s opinion
It can only be positive that they are proactively managing their cost base and therefore cash position during this key in their development. Looking forward to some KPIs on the new product e.g. total users, profile of adopters etc
Pc. I am not trying to achieve anything.Personal attacks aren't necessary. I am quite entitled to my opinion that I don't think offices moves whether its registered office or whatever is a "big move". Bird are downsizing offices, staff, customers and money. I don't see that as a cause for optimism I'm afraid. Hopefully, I am allowed to have an opinion rather than being shot down for having one ?????????
Blackbird Plc.
We ran our lease down and finally move out next month, into a smaller but more dynamic environment in central London.
The new office has flexible terms, which will allow us to grow cost effectively.
" How is moving the registered office to what is effectively shared office/space to rent in London a big move ? "
Sisteract
You are clearly trying to be some kind of roof top sniper making critical comments on whatever anyone wishes to post,no doubt trying to be clever ...
Now, if you had read the Annual Report page 43 you would have known that the old office lease has not been renewed and the Company is in fact making a "move" to new offices ..... it is not just a Registered Office but a new Office from which to be based.
The new premises are more dynamic and cheaper..used I suspect because a number of engineers work from home and this new Office facility allows you to book meeting rooms as and when required , giving more flexibility
The previous office as @hyper-al has indicated is now being marketed for lease to potential new occupants
Having a Holborn Office location is possibly better for employees to get to and for meetings, rather than out in Wimbledon
Maybe you need to review what it is you are trying to achieve
ATB
No... I'm not wrong.
If you care to read the RNS on the 26th March you will see that the registered office is moving to ;
LABS House,
15-19 Bloomsbury Way
London
WC1A 2TH.
Which is office and work space to rent so I'm not actually wrong.
It's just a legal statutory responsbility to inform of a change of the registered office and hardly a big move.
Sisteract
Well you are wrong. You should do some research before you speak. Here is the previous office on Rightmove. https://www.rightmove.co.uk/properties/133254740
Good luck to all those who actually hold shares. Exciting times ahead! imho
How is moving the registered office to what is effectively shared office/space to rent in London a big move ?
You don't even have ro reside or do business from your registered office. eg any company could have its registered office at its accountants.
Moving registered office means precisely nothing in trading/business terms ,it is just a legal requirement. !
Open new office on Tuesday 2nd. A big move, and I hope the start of very exciting times ahead. 🤞🤞
".....not just assuming that this can be done by a massive marketing campaign or simply trying to buy clicks "
There are many companies now that do no external advertising, their entire brand image is created through the experience that people have interacting with them online, through a growing Community ...interacting via social media and through regular email Update notifications etc ....the customer very much becoming part of the Product via their feedback and requirement changes
Getting Started videos now available
hTTPS://elevate.io/getting-started
What is important here is having the right business model, and how they approach the task of building the elevate.io customer base over the long term - which they seem to have a good and clear strategy for.
Congrats to the team for not just assuming that this can be done by a massive marketing campaign or simply trying to buy clicks. Impressive and by no means common in today's world off seeking instant gratification.
Bought again.
Nice tree shake just now. I wonder if MM's are collecting shares.
Well I'm certainly not selling. That is my choice, but obviously not everyone's. So no advice intended.
Sisteract
Do whatever you want .... I dont really care ..
ATB
I don't think you need to see the product to make any judgement. Do people really do that. !
You don't invest in a product... you invest in a company, it's directors and their ability to make money and provide a return on an investment don't you. ?
Sisteract
If ..... this product makes money..it will not be overnight ...and as such most AIM punters will not be interested ...
Absolutely... that's because there is no investment case
or it is... Put your faith on our new product but everything we've done in the past few years has made no money.
A decision for us all. !!
" What has actually happened falls so far short of the "general release" RNS that it looks like an open and shut breach of the AIM Rules"
"general release" just means that there are no restrictions in terms of who can sign up ...it doesn't actually have any meaning with regards to what is available within the product
It is as explained to investors after the recent results
There is more to update and a lot is sitting in the background..... but..it is a step by step process .....first thing.. try some freebies