1. Their headquarters are in Herzliya, not Tel Aviv, the shooting at Herzliya is much, much less. So those who are worried about a missile strike can be more relaxed, they are not close to the "problem area".
2. Another catalyst beyond all the sporting events is the acquisition of a company into ZOMD and that is where they are undoubtedly going, that is what they will do with their money, it is much better than BB at this point.
How meaningful is the World Cup really? It seems like these kinds of events are just one-offs, which are nice to have, but not something I'd imagine weight to highly in the big picture long-run of things.
Any idea how much revenue was lost by these two clients? If 70% of revenue comes from top 5 and it would seem both customers were in the top 5 it implies about 2x14% = 28% of revenue was impacted. Did that purported 28% of revenue go to zero?
Best idea we have for now is the drop from q2 to q3. Based on what amit said it went to zero, the MMP change was completed in q4 and now they are back with those clients to some extent
Very nice.
Just a few things to clarify:
1. Their headquarters are in Herzliya, not Tel Aviv, the shooting at Herzliya is much, much less. So those who are worried about a missile strike can be more relaxed, they are not close to the "problem area".
2. Another catalyst beyond all the sporting events is the acquisition of a company into ZOMD and that is where they are undoubtedly going, that is what they will do with their money, it is much better than BB at this point.
I wrote about this after visiting them at the company ( https://x.com/roncohen0547/status/2015785287092183070?s=20 )
How meaningful is the World Cup really? It seems like these kinds of events are just one-offs, which are nice to have, but not something I'd imagine weight to highly in the big picture long-run of things.
LT not meaningfull, but its noteworthy as something that will boost revenue while the 2 clients get back to previous spending levels
Any idea how much revenue was lost by these two clients? If 70% of revenue comes from top 5 and it would seem both customers were in the top 5 it implies about 2x14% = 28% of revenue was impacted. Did that purported 28% of revenue go to zero?
Best idea we have for now is the drop from q2 to q3. Based on what amit said it went to zero, the MMP change was completed in q4 and now they are back with those clients to some extent