Hey CP18, you are bang on the money here in my opinion.
Just this week the Fin Review reported that Blackbird Ventures (Australia's biggest venture capital firm) which has a $7B in AUM, said that the 6 year old AI company they have invested in has overtaken Canva and Leonardo AI as the fastest growing company EVER in its portfolio. And these guys would know as they were the seed investors in those unicorns.
The company is called Heidi Health, and is making $23m in annual recurring revenue after just a year in selling its main AI product.
From my conversations with GB and other board members, Vection is also running in this AI space, with a much larger addressable market size. If the next year can deliver an ARR of $20-25m then Vection too will be at this incredible level.
To put it into context Heidi Health has been going for 6 years, and vection has only just entered this space.
Heidi Health just raised $25.5m and Vection just raised $3m.
Heidi Health has a valuation of $100m and Vection is $28m
The market will very shortly wake up to the life changing opportunity here.
For full disclosure, I bought more options on open.....they are too cheap IMO.
10x
VR1 Price at posting:
1.7¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)