$SoundHound AI (SOUN.US)$ this is why soundhounds revenue gr...
$SoundHound AI(SOUN.US$ this is why soundhounds revenue growth is terrible despite having all of these patents and what they think is a lock on the market. it's what I've said now for several years chat offers a dirt cheap solution to order entry and that's why they bought that company because their technology is already outdated and antiquated as far as their llm that they boast and brag about every company out there is going to have their own large language model. let's see for yourself so this was at an expo and you have multiple competitors just in the United States is over 40 companies that offer order entry solutions.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Nic08 : Kinda agree the competition is intensifying. Only way I see soundhound winning at all is moving fast on the multi languages solution. No doubt chatgpt will eat this company for lunch soon
10baggerbammOP : you're absolutely correct Market penetration is mission critical and the problem is they have a tiny sales force number one number two they do not have the ability to complete installations in any reasonable amount of time yeah it's great they have White Castle but the fact of the matter is this is a four and a half year project to do an installation Nationwide and these are all corporate owned there's no franchises and two quarters ago came on explained why franchise conversions are far more time consuming more difficult to do than corporate owned. so if you have 100% guaranteed done deal with White Castle and it's a four and a half year project that deters other companies from wanting to do business with you because in four and a half years technology has left what they purchase to install and agree to already antiquated in behind.. so that is a major problem they don't have fulfillment in any reasonable amount of time able to be done White Castle should be a year and a half project to do every single store Nationwide and that should be their focus look we can take a thousand plus chain and we can do it in a year and a half and we can do the same to you just say yes.