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Tuesday 15 January 2019

Jivr Bike are back - on Seedrs this time. Still their Kickstarter paid up customers wait for wheels


Anyone contemplating supporting the current funding round for Jivr  (Jam Vehicles) should read the comments section of their still undelivered Kickstarter campaign. 

You can find them here -  https://www.kickstarter.com/projects/1831115152/jivr-bike-chainless-folding-beacon-enabled-e-bike/comments

We make no comment as to whether this would be a wise investment but we do ask investors to be informed. You wont find this link on Seedrs, where they are currently asking for EU850k. In fact you wont find a reference to the KS confusion (customers' views, not ours). Promised refunds have not been received. And you will find it quite hard to see that EU600k of this round had already been raised prior to the Seedrs campaign - so the current EU619k raised doesnt look quite so impressive. Bit like a painting where viewers are not told that the image was traced from the original and then coloured in.

Seedrs never used to try this sort of thing and it is a shame commercial pressures have changed that. Jivr started on Crowdcube with £160k in 2013.

It isnt just that there are so many complaints over such a long time but its the consistency in topic - Delivery promises broken, refunds unpaid. Misinformation rife.

We have written a few times about this company here. They may well go onto become a success but please invest with all the information in front of you.

In future this information will only be available to members of our new ECF.Buzz which is now taking on members and will open in the summer.

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