Here you are bud full document: http://hotcopper.com.au/threads/octobers-very-own-flamingo-cr8.2922623/#post-19417802
Ill just throw in the summary of CR8 here for STT:
- @4C MC: $24m EV: $18m
- Approached by CR8
- Awarded Cool Vendor of the Year, Number 2 Startup to watch, NSW entrepreneurship
- Dream team management
- Roadshows complete
- Partnership with Oracle
- Global from Day one no mucking about around with Small Business’s in Aus
- Attempting to sign a Fortune 50 (Company larger than Nationwide) on East Coast, potential candidates: Cognizant, CVS Health, Allianz Global, Xerox, Bank of America
- Clients: Nationwide, Daily Gazette, NAB, TheVillage, Quay Credit Union, Prime Finance
- Sales in pipeline established with multiple Fortune250’s
- Partnership with Clarion Group who are handing them clients
- Over 10 Sales Applications with Fortune 500’s which can include more of Clarions Clients: Liberty Mutual, Massachusetts Insurance, Cisco, IBM, Microsoft, Mastercard, American Express, Visa, Citizens Financial Group, Pfizer
- Looking for a deal (Currently in negotiations) with one of worlds largest CRM vendors which I’m guessing: Spigit, Salesforce, Oracle, SugarCRM
- Peers have had capital raising ranging from $10.5m -> $48m so moneyflow exists into the sector. Usually investors/venture capitals look to fund companies which they believe have 10times value of their investment so peers are being valued about $100-$480m.
- $700k revenue from Nationwide (Paid Trial). Also have another 3 paid trial with U.S Insurance Finance firms, and another 2 paid trials with Australian firms (including a wealth management firm for high end clients). So total of 5paid trials can assume revenue expected = $2 - $3.5m
- Major gap in Market
- Flexibility between human touch and artificial intelligence within software
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 26 Sept
Short Term Trading Week Starting: 26 Sept, page-48
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