Category: SaaS
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The rise of FansUnite (FANS.C) is a profit superspreader event
If you’ve been close to a company as it’s gone public, you’ll have no doubt experienced the issue for yourself: Someone, somewhere, who got in early and cheaply decides to break ranks with the other founders and deal guys, and dumps their shares the first chance they get. There are several problems with this, not…
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Perimeter Medical Imaging AI (PINK.V) isn’t messing about: Let’s make breast cancer treatment better – and profitable!
In the North American biotech space, you hear a lot of ‘promise’ from companies and their teams. Lots of ‘we’re going to take this to trial’, and a lot of ‘billion dollar industry’ talk. Lots of early stage bets, a little over-hype perhaps. For the most part, you’re being asked to invest in technologies that…
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FansUnite (FANS.C) agrees e-sports data supply deal with online betting platform
Just a few months since announcing they were merging with Askott Entertainment, a deal that brought casino gaming and daily fantasy sports access to FansUnite’s (FANS.C) sports betting platform, FANS has announced another partnership, this time with Pinnacle Solutions, an award-winning online B2B e-sports betting platform. The deal will add Pinnacle’s e-sports data and odds…
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AMPD Ventures (AMPD.C): 52% jump on high performance computing provider validates CEO stance of ‘patience and focus’
When folks ask AMPD Ventures (AMPD.C) CEO Anthony Brown what his company does, he usually asks, “Have you seen the Spielberg movie, Ready Player One?” Most people say no. That’s a shame, because the movie is great, and it explains what AMPD is looking to achieve pretty well. AMPD wants to build The Oasis, a…
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Fans Unite (FANS.C) to amalgamate with Askott Entertainment in $26m deal to build e-sports/sport betting giant
In baseball, the best trade between teams, it’s often been said, is one in which both teams think they got the better end of the deal. Today’s announcement between Fans Unite (FANS.C) and privately held but long considered public listing-bound Askott Entertainment appears to be just one of those deals. The pair have entered into…
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AMPD Ventures (AMPD.C) jumps 31% after short attack falls away
Technology public markets newbie AMPD Ventures (AMPD.C) has had an interesting first 7 weeks on the market, initially doubling in value out of the gate, before profit taking and short selling drove it well down to 2/3 of its initial financing price in just as quick time. That downswing swung back hard today, with a…
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Slack’s (WORK.NYSE) sad performance and the scourge of Silicon Valley
When Slack (WORK) listed on the NYSE this year, it was the first tech unicorn to grace American markets through a direct listing rather than the traditional Initial Public Offering (IPO). This historic event came on the heels of a growing dissatisfaction in Silicon Valley over Wall Street’s preferred path to public trading. In fact,…
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Blockchain Foundry (BCFN.C): Sector be damned, work still needs to get done
If I walked into the Cactus Club on Burrard Street with two supermodels on my arm and an eight ball in my pocket and $5k sticking out of my mouth, and told the assembled Howe St crowd ‘this can all be yours, all you have to do is listen to me talk for five minutes…
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To make money in blockchain, invest in the people who do real business, not crypto
I got a document sent to me this week that I haven’t seen before, at least not in my inbox. The document was an ‘offer to rescind.’ I had placed some bets on some private blockchain deals nine months ago, and one of those had decided they were done waiting for the blockchain sector to…
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Vitalhub (VHI.V): Undervalued health tech player is following RHT’s well worn path
About a year back, I told you guys about a telemedicine company called Reliq Health Technologies (RHT.V). You didn’t pay much attention because it was little and new and ‘telemedicine’ sounds like a Home Shopping Channel show at 2am that sells Acai supplements. But this is what happened soon after. A $5000 bet on the…