Verb Technology Company Inc (VERB)

[redspeed]

Throwing an idea out to the group. What if we created a living, dynamic FAQ for new investors, but also written from a new investor POV?

Wouldn't have to be in the intro or a sticky but could be more of a living FAQ that people add to as more questions come up. A sort of poor man's Wiki but keeping it simple by reposting and adding to it with sections broken out.

Every time a good question comes up and a good response is provided, one of us reposts the FAQ with the updated Q&A. After a few months it should be rather robust and something new investors will continue to see as more gets added.

Example:

nFusz FAQ

***************** nFusz Technology *****************

Is the code proprietary?
Rory: "our source is proprietary and protected by copyright"

Couldn't another company replicate the software?
Rory: "I believe it’s now more than 10 million lines of code and it would be exceedingly difficult for anyone to duplicate"

***************** Oracle *****************

When is the Oracle deal going to be announced?
Form 8-K: 1/2/2018 - "The Agreement provides that the development of the application, which will be undertaken jointly by us and ORACLE, will be completed within one year. We anticipate that development of the application, which has already begun, will be completed within 120 days. The Agreement is for an initial term of one year, but renews automatically for successive one-year terms, unless sooner terminated in accordance with the termination provisions set forth in the Agreement."
The development started before the 8K was released and word from the company is they are ahead of schedule. Anticipate development to be competed in the next month.

How does NetSuite fit into all of this with Oracle? Does anybody use NetSuite?
Oracle bought NetSuite a little less than two years ago for $9.3B and added 10,000 companies since (33% increase). How do you keep that market share growing? By adding new capabilities as fast as you can.

Oracle Buys NetSuite
$9.3 billion
Redwood Shores, Calif.—Jul 28, 2016
https://www.oracle.com/corporate/pressrelease...72816.html

Global Organizations using NetSuite

2014 - 20,000
2016 - 30,000
2018 - 40,000

https://www.oracle.com/corporate/pressrelease/oracle-buys-netsuite-072816.html


Rory: Oracle, we brought it home and yes, it is a BIG DEAL!

I believe it's going to be a big game changer for existing Oracle Netsuite users once they have access to this tool right from their dashboard
Yeah I think it's going to be very very well received among existing Netsuite users and there's millions of them."

2/16/18 SHAC: http://nfusz.com/super/ajax/ajax2.php?mediaid=iGV0dg


Oracle is a large product, development and service company. With all their resources, why wouldn't they development something similar?
For the last year they've been hiring like gangbusters. They have 1,619 sales openings right now only topped by 1,797 in product development.

That potentially is $250M in product development new hires and another $250M in sales new hires per year.

That's 1/2 a billion $ in new hires. It is a lot faster to partner with an existing company than to try to hiring even more to create a new solution from scratch

Why would Oracle do a deal with a small startup company?
Reuters:
Large companies do it all the time when they find great innovation. Here's an example:
Slack valued at $5.1 billion after new funding led by SoftBank
SEPTEMBER 18, 2017
https://www.reuters.com/article/us-slack-fundraising/slack-valued-at-5-1-billion-after-new-funding-led-by-softbank-idUSKCN1BT0KO

Reuters:
Slack locks down Oracle partnership targeting enterprises
OCTOBER 3, 2017
Slack locks down Oracle partnership targeting enterprises

I heard a lot about Salesforce being a giant in CRM. Why didn't nFusz do a deal with them first or even SAP?
Oracle is under a lot of pressure to continue to drive sales to the cloud. Having innovative products from nFusz will help them hit their targets.

What a lot of people don't know is even Oracle's competition rely on Oracle. Having Oracle sales reps market nFusz to Oracle customers is also marketing the company so Oracle's competitors at the same time.

"Let me tell you who's not moving off of Oracle. A company you've heard of that gave us another $50 million this last quarter. That company is Amazon. They're not moving off of Oracle. Salesforce isn't moving off of Oracle. Our competitors, who have [no reason] to like us very much, continue to invest in and run their entire business on Oracle. I don't know who's moving on from Oracle. Maybe Mark knows, maybe Safra does. But Amazon , you think Amazon would really want to move. Let me tell you someone else who is not moving out of Oracle: SAP . They have the database called HANA. They'd like to move SuccessFactors. They've been trying to move off of Oracle for 5 or 6 years. All SAP large customers run on Oracle. Amazon continues to buy Oracle technology to run their business. Salesforce runs entirely on Oracle. Go ahead, you tell me who's moving off of Oracle."


http://www.zdnet.com/article/oracle-q2-strong-on-cloud-saas-momentum/


Now that nFusz has done a deal with Oracle, does that mean they can't do a deal with any of the other large companies like SalesForce, SAP, Microsoft, etc.?
The Oracle deal is non-exclusive. nFusz is free to do deals with anyone else.

Why would SalesForce, SAP, Microsoft want to do a deal with nFusz now that the product is going to be integrated into Oracle's Netsuite?
To stay competitive and not lose market share. Integrating nFusz technology into their solutions could cancel out the advantage Oracle has initially. Oracle is raising the bar on the product offering and NotifiCRM may be the new minimum that every product must have.


***************** Product Innovation *****************
What other applications could nFusz technology be applied?
LinkedIn, Real Estate, Armed Forces Recruitment, Dating Websites (e.g. Match.com), Insurance Brokers, etc.




***************** Stock Related *****************
When is the company thinking of uplisting?
Rory: "I want to clean up the balance sheet and position us for an uplist as soon as possible."

2/16/18 SHAC: http://nfusz.com/super/ajax/ajax2.php?mediaid=iGV0dg