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Sounds like Elizabeth Holmes consulted with them.LINK
An “investor presentation” the company recently filed with the Securities and Exchange commission is provoking guffaws among business analysts, with laughable evasions and barely any business strategy. “It does feel like every public action by this company is designed give the impression that it is a joke,” Bloomberg analyst Matt Levine wrote on Dec. 7.
The oddest part of the TMTG presentation is the “technology team” listed on Slide 21. The company has apparently filled 30 important jobs already, but it only lists these team members with a first name and last initial. The chief technology officer is “Josh A.” “Steve E.” is VP of engineering. One of the senior mobile developers is “BJ.” Are these real people or stand-ins? We may never know: As a footnote explains: “personnel subject to change.”
Other oddities abound. A forecast for the number of monetizable users—81 million by 2026—is based on a Morning Consult poll rather any internal analysis. Other forecasts, for subscriptions and revenue, are represented by question marks rather than the actual numbers (even if inflated) found in most business proposals. The “key advisor” whose logo appears on every page is EF Hutton. But this isn’t the storied brokerage firm. It’s a reboot of a brokerage named Kingswood Capital Markets that dates all the way to 2020 and recently bought rights to the EF Hutton name.
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