Disclosure certainty 4/5 debate potential 2/5

Eyeview absorbs campaign costs until guaranteed ad performance targets are met

Oren Harnevo · 1114 Personalized Video Adtech Company Hits $60m TTM Revenues · Aug 12, 2018 · at 8:50

Oren Harnevo, CEO of Eyeview, explains to Nathan Latka why Eyeview charges bundled, non-transparent fees by taking on performance risk for advertisers.

0:00 / 0:05exact quote · 5.7s
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“We take the hit if we don't make the performance and we'll guarantee a performance and keep on running until we get them the results.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Oren Harnevo

Assertion Not checkable as stated
Eyeview claims to generate $3 to $5 per ad dollar spent
“So you pay us a buck, we show you three, four, five bucks back in sales.”
Oren Harnevo Aug 12, 2018 ▶ 6:31 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
Assertion Not checkable as stated
Transparent ad tech fees standardly range from 10% to 20%
“When it's more transparent, then the industry standard is anywhere between 10 to 20%.”
Oren Harnevo Aug 12, 2018 ▶ 8:16 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
Assertion Partly supported
Criteo valuation multiples fell from 2.5x to 1.8x gross revenue
“Well, top line, if you look at Criteo, they're public, and they're sort of a similar guaranteed performance like us, public company, they're running at about two and a half X. Well, they were running about two and a half X multiple on gross. I think now it's d…”
Oren Harnevo Aug 12, 2018 ▶ 12:09 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
Insight
Growing adtech startups trade at 6-7x net and 2-2.5x gross revenue
“I think what we see in the market is about six, seven X on net revenue and about, you know, two, two and a half on gross. If there's real, Growth and into the company.”
Oren Harnevo Aug 12, 2018 ▶ 13:46 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
Assertion Not checkable as stated
Eyeview grew revenue from $200k to $40M in four years
“They do four years growth, and I think we grew from like, you know, 200,000 to like forty million in Kind of four or five years, so that's hence the growth.”
Oren Harnevo Aug 12, 2018 ▶ 2:21 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
Assertion Not checkable as stated
Eyeview reached approximately $80M in revenue by 2018
“We're about double that now.”
Oren Harnevo Aug 12, 2018 ▶ 2:47 1114 Personalized Video Adtech Company Hits $60m TTM Revenues
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