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Vizio IPO Selling Wall Street on Future of Streaming Business Will Investors Buy In?

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In this video, Dave talks about the upcoming Vizio IPO. Vizio is best known for selling quality highdefinition televisions at an affordable price. The American company has sold an impressive 80 million TVs since its 2002 founding. With seemingly everyone jumping into the streaming game, Vizio’s major pitch to Wall Street is its ability so much its ability to sell TVs, but to monetize its upgraded SmartCast streaming platform. Vizio’s streaming business grew 133% in 2020, and makes up 38% of the company’s gross profit. Will Wall Street buy into Vizio’s ambitious streaming goals?

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posted by martinyameiga2o