Thursday, March 02, 2017 8:51:38 AM
If they got it done now with quality a buy out would be more likely as anything else.
But I couldn't check the last version so can't judge."]
Why can't you check the latest version, if I may ask.
It's the only thing that matters, the rest is just noise.
If the quality becomes good enough (still 50/50 for me, perhaps a little batter as we're getting closer and closer), I'm not worried about sales, for three reasons:
- They can do a lot of stuff others can't
- The streaming video market is huge and growing fast, Destiny is really tiny compared to that market so a small sliver of the market already makes a material difference for Destiny.
- I'm fairly sure with the long trajectory behind us there are potential clients watching this. There are already a number of market research companies as paying customers which are kind enough to deliver feedback. Some of them could ramp up when it becomes good enough.
Most of the sales are also likely to be recurring and, as the process is highly automated, high margin as well, although in the beginning we'll have higher fixed cost because of increased sales and marketing efforts.
Stock price doesn't really matter at this point, although it's nice to get out of the teens but it moves mostly on single sellers or buyers a day. The trend is good news though, as it suggests more buyers than sellers over time.
Even on a 4 year old smartphone (which was distinctly mid market when new even back then) the videos are starting to be watchable, so I think there is a decent chance we're getting there.
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