Creatd Inc (CRTD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everybody. Thanks for joining. I'm going to get us started here in about a minute. So I figured if you don't come today's call without a question for me, I'm not 100% sure why you're here. You have to have thought of some question or some piece of knowledge you're trying to gain from joining an investor call like this. I try to think about these calls more as Q&A opportunities than they are opportunities for me to speak too much. I wrote down a few thoughts. Often we talk about inflection points. If I look back over the last 10 years, I'm sure I've written many a letter as a CEO and as a chairman about an inflection point. And the truth is, is that in the micro-cap and the small-cap world, the entire journey is defined by a series of inflection points because it's so much about survival in the beginning. It's not as much as people think, oh, I have a great product, I have a great team. It's about how you deal with a lot of rough times getting something off the ground and And all entrepreneurs know this, and all the best ones have gone through it. Shareholders in this space in the public markets, which let's not call them something that they're not. They are public markets, but they behave like private markets. First of all, any investor who invests in the small-cap entrepreneurial world and is looking – for short-term gain is in the wrong space. This is like the private equity market. It's a six- to ten-year holding period. And if it's a score, it's a big score. So this is really about – You know, in our world, it's really about surviving, particularly when there is very little... There's very little clear paths. It's a space filled with obstacles. Many of the shareholders on the call today are from an acquisition we did recently with Flight, previous...