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    Scott Devitt • Wedbush Securities

    Scott Devitt's questions to Rumble Inc (RUM) leadership

    Scott Devitt's questions to Rumble Inc (RUM) leadership • Q1 2025

    Question

    Scott Devitt asked about Rumble's Bitcoin strategy, including its treasury holdings, the go-to-market plan for the Rumble Wallet, and how the crypto initiative integrates with the core business.

    Answer

    CEO Christopher Pavlovski explained that the Board approved up to $20 million in Bitcoin purchases for the treasury, linking it to the upcoming Rumble Wallet. He detailed that the wallet's adoption will be driven by creator demand for crypto payments, international user transaction preferences, and leveraging Tether's user base. Pavlovski emphasized that the crypto features are a complementary tool that provides a competitive advantage over platforms like YouTube, rather than a change to the core business.

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    Scott Devitt's questions to Rumble Inc (RUM) leadership • Q3 2024

    Question

    Scott Devitt asked for more clarity on Rumble's forward advertising revenue trajectory, wondering if the company could quantify its financial progress beyond usage metrics, especially following the election.

    Answer

    Christopher Pavlovski, Founder, Chairman and CEO, explained that the business has a stable floor from direct response advertising and now has significant upside from brand advertisers. He noted that Rumble secured its first major brand partnership for December following the disbandment of GARM. Pavlovski stated that while the speed of other brands adopting the platform is the main variable for 2025, he sees it as a major tailwind and is very positive about Q4 performance.

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    Scott Devitt's questions to ETSY Inc (ETSY) leadership

    Scott Devitt's questions to ETSY Inc (ETSY) leadership • Q3 2024

    Question

    Scott Devitt of Wedbush Securities Inc. asked management to identify which of its key initiatives—gifting, search, shipping, loyalty, or app—has the most potential to stimulate growth.

    Answer

    CEO Josh Silverman identified building 'consideration' directly within the on-site experience as what he is most excited about. He highlighted the use of Gen AI to understand user context (e.g., wedding planning) to inspire new shopping missions beyond the initial search, which required refactoring screen real estate on the app.

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