• 0
Copy Link

Is Overtock's amazing 2020 stock performance primarily due to its blockchain IP, or to its retail side?

Overstock's performance has been impressive as people are more willing to purchase furniture online in a Covid-19 world.

 

https://www.fool.com/investing/2020/05/05/what-made-overstock-shares-go-higher-today.aspx

 

But have their endeavours into blockchain laid a foundation for their future, both using it themselves, while also possibly licensing certain aspects of the technology to other online retailers that don't have the developer capacity to pursue themselves? Similar to how Comcast licenses X1, I wonder if Overstock could license their bitcoin work.

 

One of many interesting articles on Overstock's blockchain work.

 

https://cointelegraph.com/news/overstocks-path-from-dot-com-bubble-ruins-to-blockchain-ecosystem

 

  Topic Computer Software & Hardware Subtopic Blockchain Tags bitcoin overstock.com wayfair.com licensing covid19
3 Years 0 Answers 2.2k views

Peter Yeargin

Knowledge Areas : Gardening, Lawn care, Organizing, Choosing a Career, Getting Promoted, Navigating Work Politics, Job Interviews, General Computer Questions, Crypto Currency, Starting an online business, Profit-sharing/Revenue-sharing, Hybrid Crowdfunding Models, Boardgames, PC/Mac Games, Verizon FIOS, Cable Broadband (Comcast, Charter, Cox, etc.), AT&T Internet, Home Internet Wiring, Home WiFi/WiFi Mesh, 5G WiFi (Fixed Wireless), Crowdfunding Startups, Incorporating a Startup, Basics of Founding a Startup, Finding and Choosing Investors, Traction: Early Stage Success Metrics

Reputation Score: 1406

Related Questions
Answer this Question

Submit An Answer

To answer this question, you must be logged in.

Create an account

Already have an account? Login.

By Signing up, you indicate that you have read and agree to Sage's Terms and Conditions and Privacy Policy