CG: More than Just a Lottery Cricut
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 22 June 2021
⏱️ 45 minutes
🧾️ Download transcript
Summary
Cricut may seem like just another hardware business waiting to be knocked off, but this creatively-focused platform is attempting to generate an ecosystem that may rival some of the stickiest in the world. Join Motley Fool analysts Yasser El-Shimy and Emily Flippen as they break down this relatively recent IPO and discuss what investors should be considering before adding it to their own portfolios.
Stocks: Cricut (CRCT)
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. And today we're talking tech. |
| 0:23.7 | Let's dive in. |
| 0:26.7 | Welcome to Industry Focus. |
| 0:28.3 | Today is Tuesday, June 22nd. |
| 0:30.5 | And I'm the host of this episode Emily Flippin. |
| 0:33.0 | Today I am joined by Motley Full analyst Yasser L. Shimi as we take a look at a newly public |
| 0:38.8 | creativity platform that is encouraging customers everywhere to turn their silliest ideas into very real and viable products |
| 0:46.9 | cricket. Now this is spelled CRI CUT like, but somehow spoken like Cricket, Yasser, this is driving me insane. |
| 0:58.4 | It drove me insane too. |
| 0:59.6 | For a long time, for the longest I assumed it was pronounced crecutt but apparently not they just I guess when the |
| 1:08.2 | logo is a giveaway with the little ears jumping out of the sea so I guess they're kind of hinting at the cricket connection. But why |
| 1:16.1 | he came up with that name? I have no idea. I apologize in advance for all of our listeners. If I refer to this business as Cry Cut throughout the show, |
| 1:25.2 | I am working off an outline here and it is impossible for me to read this name and not want to say Cry Cut. |
| 1:31.3 | But I'll do my best to pronounce it the correct way, which is |
| 1:34.6 | cricket, as I found out by going down this rabbit hole of very long YouTube videos |
| 1:40.4 | where there are all these creative people who are using cricket products to make fun items, |
| 1:45.7 | doing tutorial shows. |
| 1:47.2 | I initially went there to figure out how to pronounce the name, but then I found myself |
| 1:50.7 | stuck in this YouTube rabbit hole for hours. |
... |
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