On a lazy Sunday couldn’t help but watch this one again of Idan on his recent visit. He does seem quite tuned into what needs to be done for SP. He really wants to release positive market announcements and keeps referring to tech achievements coupled with commercialisation. Either that or he just knows the right things to say. Skin in the game of not I’m sure he wants to succeed and be recognised as a successful CEO.
He does also mention however they have different business plan scenarios based on capital.
https://youtu.be/suWTIvlx5h8
From 9:30min ASX SP graph displays then the following commentary-
Marc:
Right. Okay. And so, in terms of commercialization, you’re a young company, but you started the commercialization phase. Talk us through what’s next, say in the next two years. What is sort of the ambition or the aspiration is probably a better word, in sort of these different segments? So, including the enterprise side, the SME side.
Idan:
So, more than the ambition, we have a very detailed plan, a business plan, which has a few scenarios in it that is dependent on capital and also in our success. But we have a very thin line between commercialization and tech development. And these go together. As we get the tech milestone like now, we would present a commercialization milestone. Every tech achievement will be attached with the commercialization achievement to basically avoid any big mistake that any startup company can do, which would be developing something that no one needs, or going towards the wrong avenues. So, everything that we develop, we see a commercial potential, a product market fit. And we would very soon show the market commercialization milestones that goes hand-by-hand with this.
Marc:
All right.
Idan:
So, tech, commercialization, improvement in tech, more commercialization.
Marc:
Right. Makes sense.
Idan:
Yep.
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