GREY:LFDEF - Post by User
Comment by
Links68on Jun 11, 2015 12:45pm
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Post# 23820738
RE:Retire55
RE:Retire55
I hope the focus of your DD is not only on the technology. In addition to looking at the competition and their product, one of the main reasons I invested in UR and continued to buy more and average down in January/February was the team behind the company. Look at the previous news releases regarding the Advisory Board and the addition of Letitia Long to the Board. Look at their backgrounds and the experience they have in the various industries that UR technologies could benefit. When all of these people came on board, the company had about a $70M valuation. Have you ever seen a company so financially insignificant that was able to gather such significant knowledge?
The technology is now proven, it works and we'll all see that next week. Is it better than the competition? Maybe, maybe not. Is UR able to provide the product at a much cheaper price? YES! - just listen to Scott's presentation from May 20th. Is there a market for photos and videos from space? Yes! The one thing, IMO, that will make this company achieve superior growth in the next few years will be it's people. I continue to hold this investment because I believe they have surrounded themselves with some of the best people. People that:
1. will help them sell to markets they may not have had easy access to before.
2. will help them develop new use cases and therefore revenue streams management may not have thought about before.
After Q3 this year they should begin the next stage of their life cycle where they have exponential revenue growth (continue to sign new supplier deals). If I see this isn't happening or if there are any changes in the Advisory Board or BOD I will reevaluate.
Don't focus on just the technology, focus on the people behind the technology.