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Post from another thread.
So, putting what now appear to be the facts together: 1./ Tata have 400 clients 2./ Tata CTO said last week: "We've already converted a good percentage of our of customers and this will continue to grow. We foresee a good proportion of our customers using this as a core feature of our services." 3./ In the September investor presentation IM stated that "...the [Tata] deal size per year will be around the $50k - $150k mark." 4./ Based on approx. £2m of current annual revenue (ARR) BIRD is currently valued at £80m. So that's a multiple of 40X revenue. On this basis: are we justified in imagining that "A good proportion of our customers" (conservatively) means 25% = 100 deals? If so, then applying the average deal size to these clients (100 x $100k) = $10m. Add the existing £2m current ARR = around £10m (i.e. £, not $). So, if we're still justified in applying the 40X multiple (and with growth like this, I think we probably are), then that = a new valuation of £400M, or 5 times more than it is today. To be clear, I don't imagine that 100 clients have signed up already - but (especially with the Olympics coming down the line this year) I believe it's not too much of a stretch to estimate that this might be the number (i.e. forecast) by the year-end (Dec 2021). That's just Tata. More significant IMHO is that Tata have just demonstrated what appears to be wide-scale traction of BIRD in the market. If that is true (and I'm struggling to reach any other conclusion) then much more significant than the revenue from Tata is that it appears to be the harbinger of things to come.
Lordy2020.
It was posted yesterday regards NHL Lake Tahoe event.
I added the link for any new or potential investors who weren’t aware of the NHL deal with Blackbird.
Blackbird partner the @NHL is hosting a very special event this weekend at the stunning Lake Tahoe! Their production team will use Blackbird to remotely edit & publish all the best action for media partners to share with fans online!
https://www.sportspromedia.com/news/nhl-blackbird-remote-production-2020-stanley-cup-playoffs-ice-hockey
https://www.televisual.com/news/world-rugby-taps-whisper-as-key-partner/
Posted on another Blackbird investors thread.
TATA boss "tremendous interest"..."Many on boarded already"
Some TATA webinar notes, they talked fast so its messy.
Below is mainly what the TATA boss said
*Tata boss... "Steep growth curve" for Remote production
*Tata boss... Blackbird as a "Major component" for their Media Platform
Talked about Tata's Global reach their Cloud platform is built for Media
(My take its one hell of a Global Platform)
Sport Names on a General TATA corporate slide (not necessarily Blackbird related)
espn. Canal+ Sky Sports. Sony TEN. JSports. European tour. Star Sports. Indian Premiere league
300 Media Hot spots globally (Broadcast centres, Sports venues the venues etc) I think this means direct extremely fast bandwidth into the TATA media backbone
Blackbird runs directly in that Media backbone infrastructure!
Thousand of feeds running on the TATA network ANY of which can EASILY be pushed to Blackbird.
Tata boss "We are really pleased with what we can do with Blackbird for our customers.
They have already done a lot of work on speeding up encoding video to Blackbird talks of X5 times real time.
*Sees integration becoming even deeper in the future.
*TATA boss "tremendous interest"..."Many on boarded already"
*TATA hinted at MOST of its customers will be using Blackbird in the future
Blackbird "CRITICAL rather than nice to have" on TATA's platform
TATA boss Multi year partnership "want to integrate more and more embed Blackbird"
Thats the TATA side, Oliver demoed the editor and answered questions, I'm impressed with Oliver!
They talked about Scalability of Blackbird and fixed costs deal,
It seems TATA can include Blackbird in its offering or Blackbird could sell direct. My guess is that TATA will be the dominant seller here.
TATA Ian and Oliver also talked about Virtualisation of 'non named traditional editors' every working editor needs their own virtual machine, that's expensive! Nice phrase of BILL SHOCK!
TATA don't seem to charge like traditional Cloud companies hence no Bill Shock.
Also talked about Sustainability /Green issues (which I know is now heavily discussed in the industry) so that's a major selling point for us.
Ian teased that a 3rd party report will be published soon.
Hope that gives an insight sorry if there are any errors or misunderstandings!
TATA is a really big deal for us and in my opinion totally under rated by the Stock market.
Apparently so.
Topped up first thing.
IMHO.
Bitcoin’s price slumped by around 5.6% in the past 24 hours thanks to some Asian traders taking a short-term bearish view and concerns the new Biden administration in the U.S. will seek to put a damper on cryptocurrency use.
It’s not rigged, it’s just MM’s doing their thing.
Tricking weak holders into selling their shares on the cheap, by marking down the price.
Meanwhile filling large Buy orders.
When the next RNS drops this will take off.
IMHO.
I think BTC has already run out of steam, and will stay in current trading range between $34/39k for some time.
ARB share price will drop below £1 next week, and I can see it dropping back to 50p in coming months.
Only got up to these levels because the herd all jumped in seeing the big returns people had made.
Way overpriced at current levels.
IMHO.
News will start flowing soon.
We know they are in talks with other OEM’s.
We know Editshare are rolling out Blackbird to their clients.
We know we shall be informed about a significant Tata client that has signed up to the BIRD.
Once that starts to get released should see the price break through 23p and beyond.
Don’t see much down side risk.
Just need patience
DYOR.
https://www.tvbeurope.com/production-post/broadcast-tech-trends-to-watch-out-for-in-2021
Your being silly.
You think that’s how initial investors on Facebook, AMZN, UBER think.
Your gambling on the technology, and it’s future potential earnings.
AVID valued at over $700 million so makes BIRD look undervalued in my opinion.
BIRD is the future.
Virtualised AVID in the Cloud.
DYOR.