or whatever this hideous thing is supposed to be called. Here’s a faked render, if you want to pretend it will actually look like this.
And here is a picture of Dopey, for reasons which will become clear.
A would-be investor asked some interesting questions on the Republic discussion thread the other day. I’ve screencapped them below if Mr. Tallarico tries to cover his tracks. (To his credit, he doesn’t seem to do that a lot, so there’s plenty of crazy crap out there with his name on it)
The would-be investor asks, why does the CEO avoid calling this crowdfunding, what protections does SEC offer, and are the returns as arbitrary as they seem?
The Republic.co employee answers the questions like a normal, responsible human being in a business taking large sums of money.
Then there’s a little more back and forth, all well and good, until the President/CEO/Poop Deck Officer Tommy Tallarico comes in and Tommys it up, as he often does.
He would like the would-be investor to know, that since he has been working on it for almost 3 years, he doesn’t consider it to be “crowdfunding” even though it’s all over the Republic.co website and called that by their own employees.
The would-be investor is, appropriately, scared off by this crazy person and takes his money elsewhere.
I thought the product was a good idea, but I have enough wisdom to run the other way when a company CEO can’t represent their product or services in an honest and forthright way, or answer even the most basic questions without doubletalk. I wish you luck with it, but I think it’s not for me. Thanks for your time and follow up.
I could not agree more. Once more:
I have enough wisdom to run the other way when a company CEO can’t represent their product or services in an honest and forthright way, or answer even the most basic questions without doubletalk.
If someone else wants to put money into this, by all means, go for it. But yecccch.