The Maven (MVEN)

According to the company, Maven is a media coalition of professional content destinations (“mavens”), operating exclusively on a shared digital publishing, advertising and distribution platform, providing a major media scale alternative to news and information distributed on social platforms.

Based in Seattle, Maven is publicly traded under the ticker symbol MVEN. The common shares are currently not listed on an exchange, but trade over the counter through alternative trading systems such as OTC Markets.

Investment Thesis

  • MVEN is currently a special situation.
  • The company has been made number of high-profile deals recently, most notably by acquiring The Street and long-term license agreement to operate Sports Illustrated.
  • The company plans to list its common equity on a stock exchange. The uplifting would expand the universe of potential investors and offer higher liquidity. An uplisting is might be announced as soon as by the end of 2020.
  • Platform operating leverage enables growth with low marginal cost

Business Model

Maven is Cloud Services Platform for independent media owners and expert journalists. The business model utilized two-sided market economics by connecting premium publishers with advertisers in an efficient and low-friction way.

Maven: An all in one solution for high-end publishers

The flagship publishers on the Maven platform are The Street and Sports Illustrated.

MVEN Valuation

Although the COVID crisis has put a significant dent in the execution of the Maven growth plan, this slide from the November 2019 Investor Presentation is indicative of how the company will look when it emerges out of its current dark state.

The Maven (MVEN) 2019 Pro-Forma Valuation

MVEN Research Resources

The Case Against Maven

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