WBT 14.7% $3.13 weebit nano ltd

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  1. 1,096 Posts.
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    Yeah, another thought (thinking out loud) pattern i have was that Weebit could have engaged companies over the last 6 months, and in a way, blind sided them. I mean the speed that Weebit have developed at, potential partners could not have been fully ready. Companies have plans, budgets set, steering committees - all centered around internal development. Now little ole Weebit has rocked up and handed them a competitive edge proposal and a future they were not expecting so soon. These partners would then need to be both engaging Weebit, but also getting approvals for engagement, getting legal on board, fighting each other over direction, and shuffling resources around, just to play ball. Things take longer then you think due to this bureaucratic standard.

    Then you have Weebit saying this is how its going to happen - i.e. you may be a 800 pound gorilla, but we own the IP and you're not going to bully or lock us down to just doing business with you - we are in it for bettering the current state of memory, not to line your pockets. Managing these relationships is hard - it's a good thing our BOD are an experienced bunch with many high profile friends.
    Last edited by Player1: 02/04/19
 
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