roomlia® Rewards: roomlia® launches customer loyalty program that offers users a free night for every seven nights booked
Unlike most reward programs, which are usually specific to one hotel brand, roomlia® allows customers to accumulate their seven nights across all hotels featured on the app. With roomlia® Rewards, there are no blackout dates or point systems to track; customers simply book and consume seven nights and their eighth night is free*.
roomlia® Rewards is among the most generous loyalty programs currently in existence. The seven nights can be booked individually or across multiple stays at different hotels. The free night can be redeemed at any time of the year – there are no restrictions. The free night's valuation is the average rate of the combined qualifying seven nights booked and consumed. Consumers have the option to use the earned credits to book one or multiple nights and can book a higher rate room by simply paying the difference.
With roomlia® Rewards there is no need to sign up. Simply book a room and you begin earning your way to a free night and start collecting roomlia® Reward stamps immediately. Stamps do not expire as long as there is activity on the account every 12 months. Customers can conveniently track their progress to earning a free* night through a link in the app.
as per Sharecare. Most impressive. Google "venturebeat sharecare" for the article
JF look at it from another perspective. I go back many years with my MARK investment. Pre the current CEO. The prior CEO mentioned on a shareholder call I attended that Sharecare did revenues of $8M in Q2 of 2012.
So, the CEO of a publicly traded company detailed that Sharecare, a company that is it s shareholder of, achieved $8m in revs in Q2 2012. Any hypothesis that Sharecare has regressed or even remained at the same levels is not supported by the empirical fact that several entities have since invested at Sharecare. Given the space Sharecare addresses, the increasing investment, including today's investment form a truly world class group - Wellington, and the fact we have baseline of $8M rev in Q2 2012 then this points to a real growth story for Sharecare.
The only way it would not is if revenues (and marketshare) were not growing. If that were the case these new entities would have likely invested. Furthermore Sharecare has stated that they are beyond seed, beyond Series A and beyond Series B . Also Sharecare has stated it is hiring a significant number of new employees and moving to a new prestigious and large HQ. And, along the way, it has made some impressive acquisitions.
I understand you may disagree. Everything detailed in this note is based on empirical evidence unless the view is that both Sharecare and the prior MARK CEO are deliberately misrepresenting. Most doubtful to be honest. If I may, I would suggest to you move to a long position. I have been adding continuously.
Wish you well and good luck.
Hi JF. Wellington usually is a late phase investment entry before an event such as acquisition or IPO. Often Wellington investments are invited to participate for optics i.e. validation. Sharecare publicly stated today it has raised a total of $160M in all funding. IMO it is most unlikely the current valuation of Sharecare is anything south of $800M. I believe it is $1Bn or more. We will see, Good luck to you.
Wellington is a quality investment house. Increases Sharecare's visibility, credibility and prestige. This $20M raise is important for the reasons stated and may well be the final piece before an event such as an S1 filing. We will see. In any event this is top draw investment and association. Impressive.
from the release.....Since its founding in 2010, Sharecare has raised a total of $160 million in financing, partnering with a diverse group of strategic investors, including media companies like Discovery Communications, Harpo Productions and Hearst Corporation; high-growth technology investment firms such as Claritas Capital; and hospitals and healthcare investment firms, in particular, HCA (NYSE:HCA), Trinity Health and the Heritage Healthcare Innovation Fund.
total $$ raised so far is $160M per today's Sharecare release. $25M announced today $20M from Wellington - very prestigious as you state and an additional $5M from Trinity Health. Trinity is an existing investor in Sharecare since 2013.
Respectfully, if you are shorting - not sure that you actually are - be careful. I am long and can, have & will weather any movements while MARK gathers real momentum. When it does it's going to be a tight short squeeze. Any one of the following could soon drive this: (A) Sharecare developments (B) Roomlia announcement(s) (C) KanKan announcements. Just one of these is all it takes.
Usually when companies raise companies they dilute. Right? Wow - Remark now has all of 13.5M shares outstanding. Can you point us to (m)any small caps that raise capital (2 sources of which were new funds Benchmark and Maxim) w/o any warrants? This is another indicator that should tell you something .... 13.5M share out is nothing.
Very good quality raise. Increases visibility given Maxim and Benchmark new.
Users will be able to use KanKan to discover and buy their favorite products. Their proprietary categorizing solutions identify product brands in images, and can promote purchases from the photos. They currently have the top 600 brands and their products identified. It will be possible to discover, look, and buy what your favorite celebrities or influencers are wearing or using. Advertisers will be able tap into their warehouse of data and predictive analytics not available on any other social media platform today. Add to that sources for trending topics, deep learning, and location based services, and advertising becomes more granular and accurate.
I got to spend a little hands on time with the app and must say I am impressed. Expect more information on Project KanKan as it is released throughout the launch process.
What makes KanKan different? Well for starters it links all your current social media platforms to help keep you connected and enhance the platforms. Plus users can access social media posts from networks whether they have individual accounts on that network or not. With one click users can share, like, or comment to any social platform. I have to admit it gets tedious having to check all the feeds from my individual accounts.
KanKan is a platform to find friends and connect. Things are taken to the next level with map-based social posts related to location, relevancy, preference, and even time. The platform is all about discovery and matches content to each user’s specific interests. One of the coolest features is something I describe as the “field of view”. Users can point their phones at a specific location, or in a general direction, and discover friends based on shared locations. KanKan users can not only see friends nearby, but those who may be in the area in the future (e.g. visiting Los Angeles for a concert). New features allow users to discover friends based on mutual interests as well.
I was on that con call also. Accurately reported by invest1136
pretty obvious I would say. Some think little of GrooveVC. Let's see if they are right in that a deal is coming. Stock action supports their position
1) If the Kai-Shing Tao Toilet stops flushing (ie his parent's take his check book away), Remark Media will go BK in a Las Vegas minute RESPONSE: I DIDN’T KNOW SHING’S PARENTS WERE GORDY CRAWFORD, ASHFORD CAPITAL, GOLDMAN SACHS, CITIGROUP GLOBAL MARKETS, JANNEY MONTGOMERY, LET ALONE DIGIPAC (yes yes Shing is a member of Digipac – several others)
2) Unique back button IP irrelevant to Value. RESPONSE: EXECUTION WILL TAKE CARE OF VALUE. IP PROTECTS SUCH
3) No, all travel business models work exactly like this. Hotels get the Revenue, Travel Site gets the Commission RESPONSE: YOU ARE WRONG. EXPEDIA AND PRICELINE GET TOP LINE REVENUE AND PAY BACK HOTELS. DON’T GUESS - DYODD. SAME APPLIES TO HOTELSTONIGHT. ROOMLIA ONLY ONE OF THESE GROUPS WHERE HOTELS GET ALL THE TOP LINE REVENUE
4) Being independent is irrelevant here. In fact, its actually a disadvantage as all these sites get discounts based on Volume. RESPONSE: I AGREE IN THAT ROOMLIA NEEDS TO INCREASE ITS FOOTPRINT. LIKE I SAID IT WOULD BE SHOCKING IF DISTRIBUTION DEALS ARE NOT BEING DISCUSSED. ONE TO WATCH.
5) No, companies like this compete on marketing spend. RESPONSE: I AM EXPECTIGN DISTRIBUTION DEALS. WE ALL KNOW THE LIKES OF GOOGLE AND SEVERAL OTHERS ARE KEEN ON THE HOTEL SPACE. EXPEDIA OUT BID GOOGLE FOR ORBITZ.
6) There was a public market valuation last year. $36 Million RESPONSE: YOU ARE WRONG. LET’S WAIT AND SEE AS STATED PRIOR.
6b) Quoting GrooveVC is like quoting PennystockWeekly or Bernie Madoff. RESPONSE: THAT’S A MATTER OF PERSPECTIVE. THEY HAVE THEIR EAR TO THE INVESTMENT GROUND. LET’S SEE
1) Remark will never go BK. You know that.
2) Roomlia has unique back button IP. You should try it. Patented/protected etc.
3) Roomlia's business model is they get paid royalty from hotels. Hotel's get the gross revenue. All other significant players do it the other way. Which do you think is more appealing to hotels?
4) Roomlia - while still very early very few independents that compete.
5) Roomlia - one has to expect distribution deals. Right?
6) Sharecare - take a back seat, have a beer and let's see its valuation when such valuation becomes apparent and public.
6) GrooveVC today issued an updated stating the company is raising money. Little surprise. Let's see outcome.
FWIW I am buying a little more every day
post removed. Weird. Roomlia is a cool app and one that I have now used on a few occasions. Interestingly it appears the competitive landscape is somewhat limited from perspective of ownership. Expedia owns many properties - latest was acquisition of Orbitz. Priceline is the other big player. Re hotels it looks like hotelstonight and Roomlia are the only decent ones out there that are independent of the big boys.