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Tuesday, 12 September 2017

Crowdcube's My Mate Your Date is annulled - no really


My Mate Your Date - another Aussie run effort, has closed just 2 years after raising £145k on Crowdcube from 132 imbeciles. 

Yet another total farce promoted by Crowdcube has met its end. A VL seems to suggest that at least here there were no creditors. 

The two founders, Jared Mooring and Dan Joyce are names to watch out for. Both made claims related to start ups/business activities in Australia, that now look highly dubious. Both made claims to over 6000 signed up members etc etc. Of course none of this would have been checked by the guys in the Exeter broom cupboard.

Scam - my dear old thing, we couldnt possibly comment.

Around about now the company was supposed to completing a year with revenues of £1.7m and net profits of over £200k. It failed to raise further substantial funding - you cant fool all the people all of the time - hence its demise.

We warned about this outfit recently - here - who said reviews were worthless?

Sorry to say there is plenty more slurry on the way. 

4 comments:

  1. Why call Crowdcube investors imbeciles? It does you no favours, throwing names around.

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    1. Do try reading it again. Its very clear we think there are 132 imbeciles - the ones who invested their money into this nonsense. Just hope you were not one of them.

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    2. Yes, I understood your meaning - You're describing 132 CC investors as imbeciles. I keep wishing you'll be a sensible critic of this industry - and you often are - but this stuff, name-calling attacks, really undermines you. I say as someone that agrees with your central concern about the ECF industry.

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    3. We clearly live on different planets. Im not calling these guys imbeciles - the very act of investing this con proves they are. Things do need to be called out as they are - or we end up with the same crap over and over again. That dear boy is the whole point of this blog. If you do not like it, then its a free world and wouldnt wish to waste your time. But please dont accuse us of something we have not done. We are not name calling anymore than Crowdcube are by calling them investors - which is an insult to real investors. These 132 are imbeciles, end of.

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