Thursday, 5 November 2015
More Tarts anyone? Viva join the band of multiplatform pitches.
Another Crowdcube pitch has joined the ranks of ECf Tarts.
Viva Drinks is running a parallel campaign on Angles Den. How is it possible to sell the same thing twice over?
PS - We have just been informed that the Angels Den pitch is no longer live - although it appears to be on the platform. Apparently the £100k plus 'raised' on AD will now flow to the Crowdcube pitch. So either the AD team have their heads where the sun dont shine or the Viva Drinks CEO is a fibber but you cant have this type of crass nonsense going on in a what is supposed to be a serious business environment.
What's more, the projections used by this company to sell the same % of equity for the same investment on both platforms, are DIFFERENT. How can that possibly be unless these projections are pure fabrication?? Viva's claim that the change in pitch projections is due to updating data is an eye opener. Sales forecasts for the Angels Den pitch were clearly very optimistic as they have been hugely reduced only a few months later for the CC pitch. What's the point in having these figures if they are so far from reality?