Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

über die Bewertungen von Cloud Software-Companies weit auseinanderklaffen. Daher werden die  die Umsätze aus dem Guidance von Actua ziemlich genau wie die zuletzt verkauften Govdelivery bewertet, denen ich eigentlich immer das niedrigste Multiple zugeordnet habe.

Daher bedarf es für weitere Kursanstiege von Acuta meines Erachtens eine Auflösung der Unsicherheit, was Cloud-Software anbetrifft oder einer fundamentalen Überraschung bei den drei Core's  

.Anthem Venture Partners is the Venture (Lead) of high valuabe Scopely

Total Equity Funding
$98.7M in 6 Rounds from 38 Investors
Most Recent Funding
$55M Series B on July 26, 2016
Headquarters:
Culver City, California
Description:
Scopely is the leading mobile entertainment network.
Founded:
January 26, 2011
Scopely is the leading touchscreen entertainment network. Founded in 2011, Scopely partners and collaborates with elite game developers and global entertainment companies to bring industry leading distribution and monetization technology to free to play games. Scopely oversees marketing, analytics, ads, business development, live ops, quality assurance, community management, and more, empowering developers to focus on building and refining great gameplay experiences to earn the loyalty and love of millions of players around the world. To learn more, please visit www.scopely.com. />

https://www.crunchbase.com/organization/scopely#/entity


Last round valuation estimate of Scopely was $366.67m

https://www.funderbeam.com/startups/scopely?ref=teleport


Anthem Venture owning after my estimates as the Venture-Lead about 10% of Scopely. And Actua owning 9% of Anthem Venture = about 3.5 million for Acuta.

That are by about 34 million outstanding shares = $0.10/share.  

niemand auf der Rechnung hat:

Actua owning 9% of Anthem Venture Investors, LLC and Anthem Ventures Annex Fund, L.P.
= and both own together 4.277.458 shares if True Car

Names of Reporting Persons.
Anthem Venture Investors, LLC
Aggregate Amount Beneficially Owned by Each Reporting Person
2,769,670
Percent of Class Represented by Amount in Row
3.3%

Names of Reporting Persons.
Anthem Ventures Annex Fund, L.P.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,507,768
Percent of Class Represented by Amount in Row )
1.8%

Yesterday the value of the 4,277,458 shares was 70.45 million
TRUECAR, INC. (TRUE)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
16.47+0.62 (+3.91%)
At close: ‎April‎ ‎25 4:00PM EDT

9% of Anthem Venture of this 70.45 million are 6.34 million and bei 34 million outstandnig shares = $ 0.19/share  

http://www.foxbusiness.com/markets/2017/01/04/...-action-in-2017.html  

http://www.janrain.com/blog/what-oktas-ipo-means-for-the-ciam-industry

January 18, 2017 09:59 ET
UPDATE - Janrain Expands its Global Data Center Footprint to Support Growth
Expansion Comes as Janrain Identity Solutions Continue to Gain Worldwide Traction

PORTLAND, OR--(Marketwired - January 18, 2017) - Janrain®, the company that created the Customer Identity and Access Management (CIAM) category, today announced it has expanded its global data center footprint to 41 data centers in 12 regions across the globe to support continued growth of Janrain identity solutions. Janrain now has locations in Canada, Germany, India, Japan, Korea, Russia and Singapore, adding to its existing locations in Australia, Brazil, China, Ireland and the United States.

Janrain is the only CIAM provider deployed in over 65 countries. With its longstanding investment in Amazon Web Services (AWS), the company can immediately launch new data centers as soon as Amazon makes new service regions available.

"We've had a long history of 'firsts' related to managing cloud identities across the globe," said Jamie Beckland, Vice President of Product. "We were the first CIAM provider to achieve Safe Harbor certification in 2009, first to launch a European Union (EU) data center in 2013, first to manage Chinese citizen profiles behind the Great Firewall in 2015, and first to achieve Privacy Shield certification in 2016. Now in 2017, we are proud to have the largest data center footprint of any identity solution."

http://www.marketwired.com/press-release/...upport-growth-2189302.htm


Valuation of Janrain is after my estimate 300 - 350 million. Anthem Venture is one of 10 partner = about 32 million.
Value for Actua is by 9% ownershuip of Anthem Venture about 3 Millionen and by about 34 million outstanding shares about $0,09/share.  

Scopely = 0,10 share

aus #8928: True Car = $0,19/share

aus #8930: Janrain = $0,09/share

Nach nur drei von vielen Beteiligungen von Anthem Venture habe wir schon einen Beitrag für Actua von $0,38 - wenn sie das auch nicht bei allen Beteiligungen so fortsetzen wirdm könnte man neines Erachtens doch in die Reichweite einews Dollars oder gar mehr kommen.

 

ersten Durchsicht nicht in diese Liste geschafft:

https://www.cbinsights.com/research-unicorn-companies  

is an Anthem Venture Company:

http://fortune.com/2014/05/06/...ms-to-dominate-long-tail-publishing/


The company was founded in 2005 by Eileen Gittins[1] and funded by Canaan Partners and Anthem Venture Partners. Blurb's headquarters are located in San Francisco, California. Since its inception, Blurb has delivered more than 14 million books created by more than a half million customers. Blurb’s website is translated into 6 languages and the company ships to more than 70 countries and territories.

Time Magazine named Blurb one of 2006's "50 Coolest Web Sites".[

The company has taken in $21.6 million in venture capital funding, and generates nearly $100 million in revenues per year.

Blurb announced a partnership with Amazon in April 2014. The deal allows Blurb-designed books to be sold and distributed on the Amazon platform. The partnership enables self publishing on the platform with a 15% cut on Blurb books—a discount from previous fees of up to 45%. Amazon has agreed to the fee to access to Blurb’s nearly two-million authors, who have produced 8 million books since 2006.

In May 2014 Blurb acquired MagCloud, a self-publishing platform for magazines, under a licensing agreement from HP. In the deal, Blurb has taken over the company’s technology and operations, and nearly 10,000 customers. Blurb will offer warehousing and fulfillment services to customers, acting as a one-stop-shop for boutique and niche publishing.

https://en.wikipedia.org/wiki/Blurb,_Inc.


Blurb, Inc.
Blurb is an American self-publishing platform that enables their users to create, self-publish, promote, share, and sell their own print and ebooks. Blurb offers book-making tools catering to diverse digital skills.
en.wikipedia.org


The Value of Blurb is after my estimates about a half billion. Because we have only two investors, my estiamte of the value of the ownership of Anthem Venture = 200 million.
And because Actua owning 9% of Anthem Venture the value for Actua is about 18 million. That are by 34 million outstanding shares about $0.53/share pf Actua.  

aus #8931:  Scopely = 0,10 share

aus #8928: True Car = $0,19/share

aus #8930: Janrain = $0,09/share

aus 6933: Blurb = $0,53/share

Nach nur vier von vielen Beteiligungen von Anthem Venture habe wir schon einen Beitrag für Actua von $0,91 - wenn sich das auch nicht bei allen Beteiligungen so fortsetzen wird, könnte man neines Erachtens doch in die Reichweite von 1,50 bis 2 Dollar aus der Beteiligung kommen.
 

Volume
462,599
Avg. Volume
129,828  

http://bamsmackpow.com/2016/03/22/...ture-of-comics-and-storytelling/

Digital comic book sales in 2014 top $100 million as market hits 20 year high!
year high for graphic novel and comic book sales in 2014, with digital comics now comprising a whopping 10% of the US and Canadian market. The report, published by Comichron’s John Jackson Miller and ICv2’s Milton Griepp estimate total comics and graphic novel sales to consumers in the U.S. and Canada reached $935 million in 2014, a 7% increase over sales in 2013 – and the highest it’s been since the heady days of the mid-1990s!

In 2014 comic book and graphic novel sales totalled $935 million with $100 million dollars being made up of digital revenue. (Data courtesy of ICv2 and ComicChron)
“It’s a very exciting time in the comics business,” Griepp said. “The broad range of titles being published, the wide variety of places they’re sold, and the great exposure comics are getting from other media are all very positive for the industry.”

“The market’s in great shape,” Miller said. “According to our tracking at Comichron, 2014 was the biggest year for print since 1995, adjusting for inflation; without adjusting for inflation dollar sales hit a mark unseen since 1993. And digital appears to be complementing, rather than cannibalizing, print.”

http://pipedreamcomics.co.uk/...-digital-revenue-topping-100-million/  

Best of 2014: Madefire is the best Digital Comics App of the Year
As a warm up to our year-end awards and the prestigious Digital Comic of the Year poll, (which will be coming very soon), we decided to get our readers in the voting spirit with a poll to tell us which was the best digital comics app and reveal the Pipedream Comics’ App of the Year 2014.
We picked what we thought were the 9 best, (and then gave readers a 10th option to tell us where we were completely wrong!). They got voting and we can now announce the winner is…

Madefire for iPad and iPhone

It’s a landslide win for the motion book publisher’s app for iPad and iPhone with a whopping 47% of the votes!

“With it’s new expanded storefront, it’s roster of cutting edge original titles (including some amazing new indie titles), as well as big name titles from Dark Horse, DC, Valiant and more, 2014 has been the year that Madefire became a bonafide contender in the digital comics marketplace.”
– Pipedream Comics editor Alex Thomas

http://pipedreamcomics.co.uk/best-digital-comics-app-2014/
 

Many well-established insurance companies are concerned that these tech-savvy newcomers will win over their customers, erode their profit margins and dominate new lucrative markets. Such fears are not without substance. However, the biggest impact of insurtech firms on the insurance industry might not be increasingly fierce competition. Instead, it could well be greater co-operation.

A growing number of insurtech start-ups are looking to partner with traditional carriers rather than topple them. This trend is taking place throughout the financial technology (fintech) arena, which encompasses the insurtech sector. Investment in fintech companies that are aiming to collaborate with established financial services companies leaped 138 percent last year. It accounted for 44 percent for all fintech funding. This trend is likely to continue.

http://insuranceblog.accenture.com/...-win-the-hearts-of-big-insurers  

What is a Business Owner Policy?

A Business Owner Policy combines protection from all major property and liability risks in one package. Property insurance for buildings and contents owned by the company, business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location, and Liability protection, which covers your company’s legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided.


Why Do I Need a Business Owner Policy?
Without adequate business insurance, the outcome could be devastating. If you don’t have enough business assets to cover a loss, your personal assets may be collected. Because it only takes a single property damage or personal injury lawsuit to jeopardize your business’s future, business insurance is a must if you want to grow your business and keep your assets protected.

https://www.boltinsurance.com/solution/business-owners-policy-bop/
 

http://www.crossroadstoday.com/story/35186533/...ncumbents-paying-off  

What area/s of fintech do you believe will grow the most in the coming 5 years?

At FolioDynamix, we coined the term “fiborg” to encapsulate our view of the most impactful trend in our space – the merging of the human touch with technology.  For financial advisors, this means leveraging technology to make them better at what they already do and improve how they deliver their service and advice to their customers.  Robo is a poor analogy because robots generally replace humans, while cyborgs are technology-enhanced humans:  hence, the dawn of the fiborg.

This area of technology, enabling firms and advisors to adapt to or create new digital/analog hybrid service models, and enable online collaboration, innovative service models, asyncronous communications, and services that are enhanced by advanced analytics is the most significant growth area for fintech.  Most financial services are already delivered through financial intermediaries in some form, and providers need help re-imagining their service delivery models and the technology that supports them.  More significant changes are coming, and technology-enhanced service delivery is already table-stakes in other industries.  Traditional financial advisors are behind the curve, but as this segment co-opts the experimental technolgies pioneered by early-stage robo advisors and other innovators, the industry will blossom and grow as winners rise and find ways of serving digital natives while those that fail to adapt are left behind.  

http://finteknews.com/3-questions-with-steve-dunlap-of-foliodynamix/
 

Understanding Chemical Safety Following the Final GHS Deadline

Don't view the conclusion of this round of GHS deadlines as the end of the process, but rather the beginning of the new state of HazCom and what OSHA now expects for compliance.
         •§By Glenn D. Trout
         •§May 01, 2017


Step One: Organize Your Chemical Inventory
Having an accurate chemical inventory creates the foundation for effective chemical management initiatives and is a key building block to ensuring compliance with GHS updates to HazCom. Without a true understanding of what chemicals you have and where they are, it's impossible to know what products should be on your radar and accounted for in your hazardous chemical management, reporting, and compliance strategy. As part of your overall strategy, ensuring an updated inventory will allow you to more easily identify chemicals that are missing their corresponding safety data sheets (SDSs) or have out-of-date versions that should be replaced.

A good first step is to follow the chemical inventory list located in your written HazCom program (in the event that you don’t have a chemical inventory list in your written plan, now is the time to do this because it's a mandatory component of a compliant OSHA HazCom program). Take your time walking through the facility, noting any inconsistencies with chemicals, locations, or amounts. Make sure the chemical manufacturers’ names, addresses, and telephone numbers line up with what is recorded on the inventory list and SDS; this will be key if you need to contact them for any updated documentation.

https://ohsonline.com/Articles/2017/05/01/...-Final-GHS-Deadline.aspx
 

dass der Kurs schon länger als hier dargestellt sich in dieser Range bewegt:

https://finance.yahoo.com/quote/ACTA?p=ACTA

 

nicht mehr Actua mit Rückkäufen gewesen sein, da die eine gewisse Zeitspanne mit Rückkäufen aussetzen müssen.

Ich schließe Shortseller nicht aus, die die Aktie in einer Range halten wollen, Vermutlich haben sie dazu auch noch den Segen des Management, das m:E. langfristig an steigenden Kursen itneressiert ist, aber kurzfristig durchaus bei Erwerbssituation durch momentan niedrige Kurse begünstigt wird.

Daher habe ich ja immer wieder betont, dass Actua nichts für Raus-Rein-Zocker ist, sondern nur für Anleger mit einem sehr langen Analgehorizont.  

https://finance.yahoo.com/news/...s-first-quarter-2017-123000997.html  

"Revenue was $30.5 million for the first quarter of 2017, up from $25.2 million for the first quarter of 2016."

Quelle: siehe Posting #8945

Davon sind nach meinen Schätzungen allerdings nur ca. 15% organisch. Ca. 1,5 - 2 Millionen der insgesamt 5,3 Millionen Umsatzsteigerungen könnten von den drei Aquistitionen kommen, inbesonbere vom Zukauf von SAS durch Foliodynamix.  

bisher noch einmal 1,25 Millionen Aktien zurückgekauft wurden:

"During the three months ended March 31, 2017, Actua deployed $12.5 million to repurchase approximately 895,000 shares.  From April 1, 2017 through May 3, 2017, Actua deployed an additional $4.6 million to repurchase approximately 355,000 shares, resulting in year-to-date totals of $17.4 million and approximately 1,250,000 shares."

Quelle: siehe Posting #8945

 

Strong numbers from Bolt

Provides a multi-channel, multi-carrier software platform that enables insurance distributors to retain and grow revenue through a comprehensive insurance solution
Important metrics:*

•Revenue Growth: 25% in Q1 2017 compared to Q1 2016

•Bookings: Total bookings of almost $690,000, with ARR bookings of $200,000

•New Customer Signings: Signed a small insurance carrier for the BOLT Premier product, which launched in late April and an existing top-10 carrier customer added 50 seats during the quarter and launched a direct-to-consumer offering through the Bolt platform in March

•Ended the quarter with more than 80,000 users on the platform, up from almost 56,000 a year ago

•Annualized opportunities of qualified risk going through the platform grew to 3.5 million at quarter-end, compared to 2.5 million in Q1 2016

•Total premiums on the platform are $1.4 billion

•Competitive Moat: Platform is integrated into 100 of the largest insurance carriers and has over 5,700 carrier connections, creating the largest source of insurance flow for direct carriers, agents, agencies and alternative insurance distributors

•Offering a new version of the platform, BOLT 8.0, which includes an upgraded version of BOLT’s Enterprise solution and offers BOLT Premiere, a mid-market product with a plug-and-play architecture for faster implementation

•Significantly improved operating cash flow

•Multi-year/multi-million dollar contracts

*As of 3/31/17 unless otherwise noted
http://www.actua.com/wp-content/uploads/2017/05/...arnings-Slides.pdf
Less  

soviel zu dem Thema.

 

alle die nach dem großen Crash bei Werten von 3,70 bis 5 in diese Aktien eingestiegen  sind, wenig.

Denn ich gehe nicht davon aus, dass sich hier noch Poster befinden, deren Aktienkurs sich um die Jahrtausendwende getausendstelt hat, sondern solche, die in den letzten 15 Jahren eingestiegen sind.