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The Execs Getting Rich From the Adtech Company IPO Boom

The Execs Getting Rich From the Adtech Company IPO Boom
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Viant Technology Inc (DSP) Q2 2021 Earnings Call Transcript

Viant Technology Inc (DSP) Q2 2021 Earnings Call Transcript
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Viant Technology Inc (DSP) Q1 2021 Earnings Call Transcript

Operator Hello, everyone, and welcome to Viant s first-quarter 2021 earnings webinar. My name is Kelcey, and I will be your operator today. Before I hand the call over to the Viant team, I would like to go over just a few housekeeping notes for the program. As a reminder, today s webinar is being recorded. [Operator instructions] We thank you for your attendance today, and I will now turn the webinar over to Nicole Borsje. Please go ahead, Nicole. Nicole Borsje Investor Relations Thank you, Kelcey. Good afternoon, and welcome to the Viant Technology first-quarter 2021 financial results conference call. On today s call are Tim Vanderhook, co-founder and CEO, and Chris Vanderhook, co-founder and chief operating officer; and Larry Madden, the company s chief financial officer. I d like to remind you that we will make forward-looking statements on our call today that are based on assumptions and subject to future events, risks and uncertainties that could cause actual results to

Is It Too Late to Buy Viant Technology (DSP) Stock?

Is It Too Late to Buy Viant Technology (DSP) Stock? Baron Discovery Fund recently published its first-quarter commentary – a copy of which can be downloaded here. During the first quarter of 2021, the Baron Discovery Fund returned 7.5% (institutional shares). This was 2.59% higher than the Russell 2000 Growth Index, the Fund’s primary benchmark index. You should check out Baron Discovery Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021. In the Q1 2021 Investor Letter, the fund highlighted a few stocks and Viant Technology Inc. (NASDAQ:DSP) is one of them. Viant Technology Inc. (NASDAQ:DSP) is a software company. In the last month, Viant Technology Inc. (NASDAQ:DSP) stock lost 35.6% and on May 10th it had a closing price of $27.91. Here is what the fund said:

What s driving ad tech s latest consolidation wave

February 23, 2021 The latest wave of consolidation is in full swing and it’s scrappier than ever.  Magnite and Spotx. Verve and Nexstar’s digital platform for video ads. Smart Adserver and Capital Croissance. Liveramp and Datafleets. District M and Sharethrough. Kubient. Pubmatic. And now Viant. Those are just some of the more notable mergers, acquisitions and IPOs that have occurred in recent months. In fact, the pace of deals has accelerated to a point that’s left some onlookers puzzled and for good reason.  Investors, whether they’re private or public, seem fine with big, initially costly consolidation of ad tech companies. This is largely because revenue growth, not profit, drive corporate value right now. Put another way: It’s as if investors forgot that ad tech is steeped in a lot of uncertainty right now. 

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