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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

Comment by RUSureAboutThaton Sep 09, 2024 10:54am
55 Views
Post# 36214711

RE:RE:RE:Comcast SportsTech Class of 2024 Testimonials

RE:RE:RE:Comcast SportsTech Class of 2024 TestimonialsDear Grammarsholdier,

Interesting post.  You dig back to the Comcast SportsTech 2021 cohort and find that 3 of the 10 Founders for 2021 are no longer in business.  Let’s assume that your information is correct.
 
If you look at the statistics for Start-up Failures, the statistics suggest a much higher rate of failure than the 3 of 10 in the last 4 years.  That would imply that those Founders participating in the Comcast SportsTech program each year have a higher probability of success than those start-ups that are not part of the program.
 
Below is a Weblink to Investopedia that outlines the statistics.
 
https://www.investopedia.com/articles/personal-finance/040915/how-many-startups-fail-and-why.asp
 
While the above (Weblink) statistics refutes your implied suggestion about the lack of value for Founders to participate in the Comcast SportsTech program, the small sample of the entire Comcast program cannot be reliably used to form your implied conclusion. On the other side of the coin, the small Comcast SportsTech sample cannot also predict success.
 
The difference is that you have attempted to correlate start-up failure in Comcast SportsTech Founders to suggest a likely failure for many more Founders where no correlation exists. You hope that the Readers here accept your post as Fact/Truth. Your discussion is baseless and pointless.
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