$SKLZ
Paying MAU up 81% YoY
MAU to Paid MAU conversion rate up to 17% from 16% in Q4
ARPU $10.35
Added our first ever Chief Marketing Officer, Tyler Williamson, who comes to Skillz from Beats Electronics LLC.
We have begun and will continue to vigorously defend Skillz intellectual property from theft by enforcing our patents and copyrights where we see infringement.
In Q1, we expanded our Android footprint, growing revenue from Android users 2x faster than iOS
We recently launched a new set of developer progression features. These features allow game developers to create in-game milestones and recognition for players.
we will also be able to support real-time, multiplayer content genres, such as Battle Royale. .. to broaden the demographics of users on the platform, giving developers an opportunity to reach new gamers, enhance retention, increase lifetime value, and lower user acquisition cost
We remain on track to launch in India by the end of the year, with our patented and proprietary technology which offers players a fair and trusted experience serving as a core competitive advantage that we bring to the opportunity.
We ended the first quarter with $613 million of cash and no debt. As of April 30, 2021, 9.5 million public warrants have been exercised, generating $109.5 million of net proceeds to the company
So within 30 minutes..
The stock dropped 13% on algos after they released the 8-K boilerplate regarding SPAC balance sheets.
Then bounced 20% on earnings.
Then floated down 8%.
Now about flat AH.
The stock is definitely still in price discovery mode. Volatility is insane.
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$FSLY
Revenue up 35% YoY to $85M
NonGaap GM of 60.1%, loss $13M
DBNER 139%
Enterprise customers 336, up from 324 in Q4 2020
Average enterprise customer spend $800,000, up from $782,000 in Q4 2020
$FSLY Signal Sciences
Total customer count of 293, up from 280 at the end of Q4 202
Enterprise customer count of 86, up from 78 at the end of Q4 2020
Approximately 25% overlap with existing Fastly enterprise customers
$FSLY Letter highlights a Compute@Edge customer that worked with Google and Roku to dispute connected TV botnets.
$SKLZ Call -
CEO: We are excited to expand our games to synchronous categories including FPS and RTS games. We are currently working with developer partners to test the technology. We anticipate growing to other categories such as battle royale.
We are focusing on partnering with brands. We imagine a world where all brands have their own games where players can [win prizes, etc].
$PINS 60-62 is in the perfect zone for me if we aren't entering a bear market. Its just off the 200day pysch level where everyone wants to buy. So if it doesn't get much worse, those people will all miss their buy orders and panic buy if it reverses.
Started a small $FB position in the LT portfolio. Will DCA this as its looking at a gap fill.