I recently followed Alex Waislitz with a (much much smaller) little investment in Updater - UPD.
"In the 5 years prior to listing, the Company successfully developed proprietary technology and formed relationships to secure a leading position in the ‘new mover’ market in the US. The mover market is massive, with 17m households relocating p.a. in the US alone. ... UPD’s online platform provides movers with a seamless process to enable transferring of utilities, forwarding of mail, updating of accounts and the many other tedious tasks associated with relocation..."
Having secured over 5% of movers, hundreds of real-estate agents and now the second largest US insurance company (on a trial basis) they have a great chance to secure the kind of impregnable network dominance enjoyed by the likes of Seek and Trademe.
More info:
http://nwrcommunications.com.au/wp-content/uploads/2016/02/UPD-190216-Talking-point-1.pdf
https://gallery.mailchimp.com/3c4aa6...ll_summary.pdf
Originally Posted by DarkHorse
I recently followed Alex Waislitz with a (much much smaller) little investment in Updater - UPD.
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