They should just buy us all up. Think of the home security potential. I see great reward in that market but have no clue how to do it right !
Sent from my iPhone > On Oct 23, 2014, at 1:03 PM, Travis Johnson via Af <[email protected]> wrote: > > What's more amazing is the valuation/sale they just received about a year > ago... the founder sold 50% of the company for $2bn. > > $360 million a year in revenue, even at 50% profit margin, is $180 million > profit. It will take 11 years to make that money back, but they only own > 50%... so it would take 22 years to make that money back. They must see huge > potential with the company and future projects. > > Travis > >> On 10/23/2014 10:44 AM, Bill Prince via Af wrote: >> Vivint claims an installed base of 800,000 and $30 million in monthly >> revenue (http://www.vivint.com/company/about-us). That's not chump change. >> >> It would appear that their fixed wireless internet product is a small part >> of their overall enterprise. >> bp >> >>> On 10/23/2014 8:55 AM, Ken Hohhof via Af wrote: >>> Is it kind of a Trojan Horse thing? Get in the door selling Internet, then >>> sell them home security and that’s where they make the real money? >>> >>> BTW, I’m not knocking that approach. I think we underestimate the power of >>> DISH, Direct, VZ/AT&T Wireless, they are already inside the castle walls >>> and upselling the customer to increase their ARPU. As you drive around >>> your coverage area, imagine you had the email address and phone number of >>> every target customer, and were already billing them monthly, and could >>> stick flyers in the bills, and send texts to their phones, and to the >>> customer your service was just another line item in that bundle. Of course >>> they may also hate you, but you have to rise to a pretty high hate level >>> for people to cancel their bundle. >>> >>> >>> From: Travis Johnson via Af >>> Sent: Thursday, October 23, 2014 10:09 AM >>> To: [email protected] >>> Subject: Re: [AFMUG] Vivint wireless >>> >>> 20,000 - 30,000 subs in a year and half is great... but they have probably >>> $20mm into it, and they are dumping more money (millions) into it as >>> well.... it's a "play" thing for them. Kind of like Google's "fiber across >>> the ocean" project... something cool, but not really your core business. >>> >>> Travis >>> >>>> On 10/23/2014 8:51 AM, Mike Hammett via Af wrote: >>>> Yeah, but they got that far... in a year? Year and a half? >>>> >>>> >>>> >>>> ----- >>>> Mike Hammett >>>> Intelligent Computing Solutions >>>> http://www.ics-il.com >>>> >>>> >>>> >>>> From: "Travis Johnson via Af" mailto:[email protected] >>>> To: [email protected] >>>> Sent: Thursday, October 23, 2014 9:30:28 AM >>>> Subject: Re: [AFMUG] Vivint wireless >>>> >>>> Well, they only have about 150,000 more subs to go... :) >>>> >>>> Travis >>>> >>>> On 10/23/2014 6:35 AM, Mike Hammett via Af wrote: >>>> *nods* They've been doing this for over a year. Last year at WISPAPALOOZA >>>> they had like 30 people there. Some expect them to overtake JAB as the >>>> largest WISP in the states. >>>> >>>> >>>> >>>> ----- >>>> Mike Hammett >>>> Intelligent Computing Solutions >>>> http://www.ics-il.com >>>> >>>> >>>> >>>> From: "TJ Trout via Af" mailto:[email protected] >>>> To: [email protected] >>>> Sent: Wednesday, October 22, 2014 11:43:02 PM >>>> Subject: Re: [AFMUG] Vivint wireless >>>> >>>> Where have you been? Lol search the list :] >>>>> On Oct 22, 2014 8:39 PM, "Jaime Solorza via Af" <[email protected]> wrote: >>>>> Spoke to young guys from Vivint >>>>> Today at lunch and they are beta testing 50 x 50 mbps wireless using a >>>>> fiber fed hub and then cover a neighborhood. Testing here and Utah >>>>> somewhere. They work for automation branch and didnt know particulars. >>>>> Anyone hear about this? >>>>> Jaime Solorza >
