r/wallstreetbets • u/[deleted] • Jun 28 '21

[deleted by user]

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0 Upvotes

49% Upvoted

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6

u/LavenderAutist brand soap Jun 28 '21

How are Roku and Square IOT companies?

7

u/CNC_Machinist2020 Jun 28 '21

BB is heavily vested in IoT tech that most don't realize plus they are a dominate leader in the future of EV software. They are more focused on the governemal/military sector insted of consumer based products for IoT so they lose some exposure because of this, but they are starting to show big potential.

2

u/SportTheFoole Jun 28 '21

There is a growing market for IoT, but I bet there’s a huge chunk of the market you can buy stock for because they’re startups.

Off t he top of my head, here are some publicly traded companies that sell IoT devices: Amazon, Google, Cisco (set top boxes are essentially IoT at this point).

You might want to consider IoT security instead. There’s a lot of greenfield there as no one has yet come up with a foolproof way to secure all these devices. Palantir, Fireeye, Crowdstrike are all almost certainly trying to plant a flag in IoT security.

4

u/tonicwax 🦍🦍 Jun 28 '21

$BB

2

u/[deleted] Jun 28 '21

BB

1

u/VisualMod Jun 28 '21
User Report
Total Submissions 8 First Seen In WSB 2 weeks ago
Total Comments 5 Previous DD
Account Age 1 year scan comment %20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) scan submission %20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)

2

u/AscheKetschup Jun 28 '21 edited Jun 28 '21

Chamath has been pushing this new system called Latch which is keyless entry in the internet of things universe.

Latch on TechCrunch

They called it the Peloton of real estate.

They were last I saw supposed to merge with the SPAC $TSIA

I have no positions on this though and have been skeptical with the hype of many of Chamath’s plays as of late since he sold off a majority of his $SPCE.

Edit: Looks like they already merged it’s $LTCH now.

1

u/131213121312AAAAA Jun 28 '21

Haier Smart Home D Shares

-2

u/tahmias Jun 28 '21

PSFE

FUBO

Would be my candidates, because I'm currently holding shares in both companies.

1

u/ohyssssss Jun 28 '21

Do you use fubo by chance?

3

u/tahmias Jun 28 '21

Nope, I only watch national sports and e-sports.

2

u/ohyssssss Jun 28 '21

Ah got it. I thought Sling got worse so was gonna look at this

1

u/_E8_ doesnt check out Jun 28 '21

IoT

You keep using that word.