Post by
freddie1 on Feb 20, 2015 10:55am
Two (insurmountable) challenges for SLC?
1. SLC visual search for Neiman Marcus covers only handbags and shoes, a fraction of total inventory. Until SLC 'want engine' can search all merchandise categories, the 'want engine' is near useless. It is a car that cannot exceed 10mph. Question: when will company have tech ready for prime time? I have not found any independent tech expert review validating the SLC tech. 2. Where are the retailer customers for SLC!? If SLC had a marketable product Macy's, Nordstrom, Sacks, Gap, etc, would be on board. Company should provide clear tech update on status of its product. When will the car be able to exceed 10 mph?
Comment by
stack on Feb 20, 2015 11:35am
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Comment by
lscfa on Feb 20, 2015 2:05pm
Insurmountable is a lie. February 4, 2015 - Chell said "We've announced 6 customers. We have exponential more contracts than that that are signed that are not announced yet. And they are all the big name retailers that you would imagine."
Comment by
freddie1 on Feb 20, 2015 2:46pm
You have noted NM and Tilly's. List the others who are retailers. If "exponential more contracts" are signed, when will they be announced? Also, when will SLC want engine allow NM customers to search for more than handbags and shoes?
Comment by
lscfa on Feb 20, 2015 3:14pm
Bruce Campbell's fund is an investor. Also go back through the posts and find the link to the Salmon Partners research report. They have a $1.50 target and revenue estimate of $5 mil, $18 mil, $29 mil for 2015, 2016, 2017.
Comment by
lscfa on Feb 20, 2015 3:15pm
P.S. The Salmon report was before SLC acquired Snipsnap which is generating revenues and has over 4 million users.