Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Opening the Door for
Insuretech Startups
If established insurers are going to evolve in the next
stage of the customer revolution, they must come to terms
with some pretty heady facts. The first is that customers
struggle with issues of trust. Recent unease over the
use of consumer credit scores in determining premiums
and a subsequent petition demanding greater pricing
transparency is proof that many customers are not ready to
commit their full trust to insurers.
If that isn’t enough to convince incumbents that they
have some issues to address, then consider how trust
is impacting customer satisfaction. J.D. Power reveals
that rate hikes resulted in a 7 point decline in customer
satisfaction over the course of a year. In the absence
of easily understood pricing formulas, consumers see
escalating premiums as another ambiguity, resulting in
more than half of customers saying they would switch
carriers to save $250 or less in premiums.  

Sector: Technology
Industry: Application Software
Full Time Employees: 911

http://finance.yahoo.com/quote/ACTA/profile?p=ACTA
 

https://www.glassdoor.de/%C3%9Cberblick/...2.htm?countryRedirect=true  

new entrants take stake in the market, incumbent
insurance executives see the writing on the wall. In
a recent survey, 65% indicated that they considered
the wave of new entrants as a threat to growth, with
a nearly equal amount (70%) calling out the speed of
technological advancements as the major challenge
they face.

Determined to meet startups where they stand and
still maintain winning ground, leading incumbents are
taking a variety of approaches:

● Be at the forefront: Considering the rapid
changes in customer lifestyles and behaviors,
insurers are actively monitoring the landscape,
immersing themselves in the culture of the techsavvy
startup in order to be the first to know
about leading innovations and opportunities.
Taking this approach positions them to
better define new product strategies and be
prepared to meet emerging needs of changing
consumers.

● Think like a startup: Forward-thinking
incumbents, recognizing the struggle to
overcome existing business models and
internal approaches, have established their own
technology incubators or startups dedicated
to growing innovative and customer-friendly
solutions, as well as fostering the adoption of
technology internally. Digital capabilities are
here to stay, so these incumbent think tanks
are looking at how to use digital distribution to
personalize service and deliver the vast product
selection that consumers are seeking.

● Partnering into the Future: An ever growing number of insurers are looking to partner with
existing technology leaders to gain access to digital distribution platforms that speed up
quoting, deepen customer relationships and enable a stronger suite of product offerings. As
they do so, they are focused on gaining advancements that will help them master the main
threats to growth. In short, they are offering all of the advantages currently being delivered
piecemeal by digital natives—those of convenience, transparency and selection—while
augmenting brand identity and strengthening consumer trust.
 

Technology firms have sought partnerships to get scale quickly — Jemstep with Orion (backed by TA Associates, which also owns CLS Investments, partnered with Riskalyze), NestEgg/Vanare with Folio Dynamix, and Envestnet/Tamarac leveraging Upside. TD advisors have multiple avenues to position their practice for the future.
So what does the fourth inning look like? There are nearly 9,000 independent RIAs today. They will face massive fee compression (from 150 bps to 25 bps) on their beta-oriented passive investment management services, and will need to differentiate from an automated website with real services. Those can include bespoke financial planning, alpha-generating investment selection, personal relationships and trust building, and bundling of other financial services, such as accounting or trust and estate planning. Selling off-the-shelf product is no longer an option.
Although overall assets flowing to the independent advice channel will increase, smaller RIAs are likely to consolidate or disappear as Schwab and Vanguard scale their direct to consumer efforts. Mid-size RIAs will have selected next-generation platforms (Vanare, Tamarac, Orion) that allow them to remain competitive with the venture-funded roboadvisors, creating real scale and a defensible margin through efficiency in operations and investment research functions. Large RIAs will build solutions in house, or continue to buy technology firms to jump-start their entry into the marketplace. We will also see more brands — from celebrities to magazines — get into the online advice space, because at the core, these are marketing companies, and audience is what matters.

https://medium.com/@sokolin/the-third-inning-7598e42a5d91#.mpdc7oae7
 

Foliodynamix

To peek even further into the future is to ask a fundamental question about retail financial advice. Is it a winner-take-all market, like most of consumer web software (Uber, Twitter, Instagram), or is the market so large that many firms will continue to be successful? My bet is that financial advice is not the same as filing a tax return in Turbotax — there are many right answers, powered by philosophies and personalities that change and innovate over time. There are Modern Portfolio Theory Boglehead answers. There are hedged-by-options and PhD quant-fund market-timing answers. There are stock picking and Jim Cramer answers. This qualitative aspect will always leave room for entrepreneurs, whether those entrepreneurs come from a software, hedge-fund, or financial planner background.
There are many right answers, powered by philosophies and personalities that change and innovate over time
As technology that supports this diversity become more refined and efficient, reaching break-even and eventual scale, all investors will benefit from the most convenient, transparent and available financial advice the industry has ever seen. The flavors will be endless, sophisticated, and customized by the big data surrounding us. And those advisors that truly participate and embrace innovation will see happy clients, and a rapid expansion in their market share.
________________________________________
Lex Sokolin is an entrepreneur building next-generation financial services. He founded roboadvisor NestEgg and wealth management platform Vanare.
https://medium.com/@sokolin/the-third-inning-7598e42a5d91#.gs0wqkiy5
 

zu antizipieren und das Wachstum ebenso.

Da werden wir nach meinen Schätzungen beim Umsatz zwischen 195 und 200 Millionen liegen, bei einem Cash Flow von 13 bis 18 Millionen und einem Wachstum von 22% bis 25% gegenüber 2016, davon 20% organisch.  

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any
3. Trans. Code (Instr. 8)
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount
(A) or (D) Price Common Stock, par value $.001 per share   (1) 9/1/2016   F  492  D $10.18  222856  D   Common Stock, par value $.001 per share          4231  I  Held by IRA  
Common Stock, par value $.001 per share          15831  I  
Held by 401(k) Plan  
http://icge.ir.edgar-online.com/efxapi/EFX_dll/...yBS&ID=11576589
 

Katjuscha: (auf diesem Board)
23.08.16 02:26
#7837  
wie unsicher dieses Geschäftsmodell ist.

Die stehen doch kurz vor der Pleite.  

•  Year-to-date bookings ahead of our expectations

•  Expect to see accelerating revenue, bookings and cash flows in second half of 2016

www.actua.com/wp-content/uploads/2016/08/Q2-slides-Final.pdf

und dass man den Guidance unverändert gelassen hat und somit eine Steigerung von 36,7 Millionen Umsatz in Q2 auf im Schnitt 41,7 Millionen in Q3 und Q4 möglich hält, wobei der höhere Wert aus diesem Schnitt in Q4 liegen dürfte (meine Einschätzung: Q3 = 39,5 Millionen, Q4 = 43,9 Millionen -->womit wir mit einer Quartalsumsatz-Run-Rate von 44 Millionen aus 2016 herausgingen).  

das er auf diesem Board postete, scheint weiter in die Ferne gerückt zu sein.

Scansoft:  Zum Wochenschluss  

 29.07.16 19:41

#7692  

geht die Rummsbude Actua schon wieder runter. Da wo sie hingehören. Kursziel 0 $ wenn sie mit ihren Witzgeschäften auch den letzten Dollar verbrannt haben. Der Markt hat immer Recht!

The vision to see, the courage to buy and the patience to hold  

“We started the selection process looking for a partner who could hit the ground running with real industry knowledge in safety and compliance best practices and a system with a strong record of success. We take our safety and community stewardship responsibilities very seriously as a company and we wanted a solution that would help support a best-in-class program as we continue to grow. During the evaluation process, VelocityEHS stood out.”
Cory Larson
Corporate HSE Supervisor at Crescent Point Energy Corp

“Once VelocityEHS was selected, we were on a tight timeline due to our change in ownership. The VelocityEHS team was in Pakistan to initiate the implementation process. Their track record in our industry is impressive. Additionally, there are some unique factors of operating a business here. Together we have developed a system that is perfectly tailored to our business needs.”
Javaid Ansari
Applications and Data Manager at United Energy Pakistan

https://www.ehs.com/
 

Venture - aber wertlos sind die ganz sicher nicht,.

The last I read about the 9% of Actua on Anthem Ventrue – Could anyone post more informations?

"Actua owns approximately 9% of Anthem Ventures Fund, L.P. (formerly eColony, Inc.) and Anthem Ventures Annex Fund, L.P. (collectively, “Anthem”), which invest in technology companies. Actua acquired its interest in Anthem in 2000 and currently has no carrying value in Anthem. Accordingly, the receipt of distributions from Anthem by Actua would result in a gain at the time Actua receives those distributions.

During the six months ended June 30, 2015 , Actua received a distribution from Anthem that resulted in proceeds of $1.0 million , and recorded a gain in that amount that is reflected in the line item, “Other income (loss), net” in Actua’s Consolidated Statements of Operations for the six months ended June 30, 2015 ,"

https://www.marketvis.io/stock/acta/financial/...sdisclosuretextblock
 

Velocity ist die größte Kernbeteiligung, die nach meiner Schätzung 2016 ca. 65 Millionen der im Guidance prognostizierten 155 - 160 Millionen für allle vier Kernbeteiligungen haben dürfte. In 2018 dürfte sich der Umsatz von Velocity m.E, dann auf 80 Millionen der von mir mit 195 bis 200 Millionen geschätzten Gesamtumsätze belaufen.
 

Finally, as you can see on slide 9, VelocityEHS reported revenue growth of 21% over the prior year with SaaS growing 26% over the same period. Bookings for the quarter increased 22% over Q2 2015 with June a record setting month for new bookings. We are also excited that the market response to the new Ergonomics offering has been very positive. The pipeline has quickly grown to over 150 opportunities, 40% of which would be up sells to existing customers. This offering has an average ASP of over $5,000.

During the quarter, Velocity released a new mobile app to enable offline access to safety data sheets and chemical data, which will significantly broaden the utilization of the platform. And from a moat perspective, a database of online safety data sheets has now grown to over 10 million. Finally, Velocity added 515 new customers in the quarter, bringing the total customer count to 12,180.

http://finance.yahoo.com/news/...a-earnings-conference-154356723.html
 

https://www.crunchbase.com/organization/...nture-partners/investments

Eine Viertelmilliarde könnte sich hier durchaus angehäuft haben, was auf einen Wert von 20 bis 25 Millionen für Actua hinausliefe. Nicht weltbewegend, aber auch Kleinvieh macht bekanntlich Mist.  

Could Actua Corp See a Reversal After This Very Strong Session?

September 1, 2016 Clifton Ray      
 
The stock of Actua Corp (NASDAQ:ACTA) is a huge mover today! The stock increased 4.03% or $0.41 during the last trading session, hitting $10.59. About 133,089 shares traded hands or 87.25% up from the average. Actua Corp (NASDAQ:ACTA) has risen 12.61% since January 28, 2016 and is uptrending. It has underperformed by 2.05% the S&P500. The move comes after 8 months positive chart setup for the $419.63 million company. It was reported on Sep, 2 by Barchart.com. We have $22.03 PT which if reached, will make NASDAQ:ACTA worth $453.20M more.
 

http://www.consumereagle.com/...fter-this-very-strong-session/195529/  

sagt eigentlich alles  

ist auch nicht viel besser  

https://govdelivery.wistia.com/medias/7q5ymyhrm7  

http://ir.envestnet.com/phoenix.zhtml?c=235783&p=irol-stockChart  

eineinhalb Jahren gezahlten 200 Millionen für Foliodynamix, die schon massiv abgeschrieben wurden, vermutlich ein zu hoher Preis waren.

Allerdings schließe ich nicht aus, dass der Wert von Foliojynamiy in 2016 und 2017 sich wertmäßig wieder in den Kaufpreis hineinentwickelt.  

http://www.findatamp.com/new-jersey/secaucus/foliodynamix  

Total Assets in Program Key Operating Metrics – Enterprise TAMP: $4.4 billion in AUM and $559 billion in AUA as of 9/30/15; VisX: $13.5M in AUM as of 9/30/15

Program Links to a Trust Accounting System Relationships with over 60 bank/trust organizations with links to: Sungard AddVantage, Sungard Charlotte, FiTech, FIS, Innovest/InnoTrust, SEI, & others

Custodians Supported: Fidelity, Schwab, TD Ameritrade, Pershing, SunGard, FIS/Metavante, Thomson Reuters, Broadridge, others

FOLIODYNAMIX empowers wealth management firms for innovation and growth with a truly unified, secure cloud-based wealth management technology platform and institutional-quality research and investment programs.

Supporting every stage of the wealth management lifecycle, the FolioDynamix platform improves efficiency, eliminates technology silos and delivers a unified view of performance across all account types. The result is better profit margins for you and better service for your clients.

The FolioDynamix TAMP solutions – VisX and Enterprise – are designed to help you attract new clients and grow your business, without adding overhead.

FolioDynamix VisX allows small-to-midsize firms to compete more effectively and accelerate growth, with access to the FolioDynamix technology platform for research, proposal generation and reporting, and connectivity options to three top custodians. Select from a wide range of VisX portfolio allocation strategies or fully-researched individual funds and/or third-party model delivered strategies. The globally-focused portfolio solutions in VisX address different needs based on account size, risk tolerance, tax sensitivity and each client’s level of sophistication. VisX frees up advisors to spend more time with clients and focus on business growth.

FolioDynamix Enterprise TAMP delivers unlimited scalability and the power to customize the solution to your unique needs through a privately-branded wealth management technology platform and multi-custodial connectivity. With access to nearly 500 third-party institutional-grade products (as of December 2015), support for a broad range of account programs (UMA, UMH, SMA, MFW, discretionary and non-discretionary), optional overlay management and a powerful web-based advisor toolset that supports the entire wealth management lifecycle, this is the platform for large enterprise growth.