CROWDYVEST DEFAULT IN NUMBERS

CROWDYVEST DEFAULT IN NUMBERS

3700 investors owed
A total of 7.7billion owed

They expect to recover 2billion from project partners

Meaning 5.7billion don enter voice mail.

The 5.7billion will be converted to by force equity 

A person who saved his money has turned into shareholder by fire by force.

That's not all - They are coming back to raise money from you and I.

In a new Fund they call Pheonix Fund.

I wish all the new investors the very best.

When every animal in the animal kingdom said they would take 1 2 or 3 events of failure to learn their lesson, the wisest animal, the tortoise said, "It will not even happen to me. When it happens to another, I have learnt my lesson".

If by now Nigerians have not learnt to flee from investing in startups, no matter the amount spent on branding and PR, then .....

I rest my case

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