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greenwillow

05/02/18 11:31 AM

#9230 RE: jrf30 #9229

"Dilution for the right reason is good."

Receiving a green light from Laurens, Product Manager for Google Waymo ...I'd say it looks favorable.

"Laurens Feenstra, Director of Namaste, an A.I. expert, and Product Manager for Google Waymo comments: "I am super excited for the talented team of Findify to join Namaste! Their leading machine learning models have already made Namaste much better at recommending the right products to our customers. And, even more importantly, we are thrilled to apply their deep A.I. expertise to cannabis. There are approximately 800 identified strains of cannabis each with hundreds of active ingredients, meaning each plant works differently for each person. Understanding which plant works for whom will be key in helping cannabis benefit everyone."

https://www.namastetechnologies.com/namaste-acquires-findify-leading-a-i-and-machine-learning-company-to-increase-conversion-rates-average-order-value-retention-and-referrals/
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ax57

05/02/18 11:32 AM

#9231 RE: jrf30 #9229

If Namaste already uses their technology as a client, why do they need to buy the company?

Although, I could see buying Findify to keep their technology out of competitor's hands.