The 'Uber of...'
That is not a positive claim financially or reputationally these days. Another reminder that 2015 was a more optimistic and innocent age.
A tech CEO who lied to investors to get funding and then blew millions of it on maintaining a luxury lifestyle, which included private jets and top seats at sporting events, has been sentenced to just over eight years in prison. Daniel Boice, 41, set up what he claimed would be the “Uber of private investigators,” called …
Your money is my top priority.
I (sort of) hope all the investors get their money back.
I hope a bit more that they learn to check what they are investing in more carefully, that has a wider impact than just their loss of money.
As a big investor they might have the resources to get some of their investment back and/or write off the loss, Joe Chump has no chance.
Sorry if there is anyone reading actually named Joe Chump.
I agree - you just collected all the buzz words they would go for. Add glossy brochure and presentation, and away you go.
If you want investment, it appears, words and BS are what will seal the deal. The less verifiable and transparent things are, apparently the more investors will flock to you. Unbelievable.
Yeah, seems like taking a few minutes to verify that sort of thing might be in order.
But, of course, there's ample evidence that plenty of people with money have no financial sense. Look at Madoff's clients, for example. Or any of the various lists of lottery winners who were broke a few years later. (I was just reading such a list the other day, and there's at least one guy who blew through some millions in winnings in 20 months.)
That's because peaceful protesters are a gang, y'know. Or, at any rate, the police and prosecutors are happy to lie and claim they are. And here in the US, we love punitive laws against gang members, whom we believe are generally poor and/or not white, and therefore deserving of harsher treatment.
And, yes, this is not solely the result of the Republican party. Remember Clinton pushing that "super-predator" bullshit? And while the Obama administration was more interested in casting POTUS as an absolute ruler and cranking up deportations, Eric Holder and his chums didn't do a hell of a lot to rein in the incarceration state.
Abuse of police and incarceration powers, and extreme inequities in that abuse, are an American tradition that's long been popular with government officials of every stripe.