I just want to highlight that the "18 month failed transaction" part is not right .I have posted on here multiple times that if anyone has any reason to think I am lying to please inform me so that I can delete it. I am in no way trying to slander anyone. If the truth is uncomfortable that doesn’t make it slander.
Don’t tell me to STFU. I had an 18 month failed transaction with this company. I have as much right to post in a suing the company thread as you do. Maybe even more so. At least I have insight on why this is going down, do you?
Sure! We believe you.Trust me, I loose all interest in this company when the remaining founders get their money back.
I don't.Sure! We believe you.
I just want to highlight that the "18 month failed transaction" part is not right .
i fixed that for you. It is closing in on our 1 year break up. 7/16 to be exact.1. You made a deposit, not a full payment like the other founders.
2. You chose to get parts for your initial deposit
2. The parts were delivered to you now close to a year ago
No founder one owes you anything, but you are welcome to carry on your bandwagoning.
Sure! We believe you.
My word, you pay them off, I am out of here. I have attempted to make no disparaging comments about your company with the exception of how the founders have been treated.
Tom, you must have had less trust in them then I did.
WW has always been a cult type of business with followers that remind me of Scientologists. They were the boutique brand at a top end price of a low end (mostly branded ebikes from China) market. The donors for this "Super Bike" were I assume the most loyal WW customers and for the company's principle to treat those loyalists so badly with name calling and character assassination demonstrates a lack of business acumen (common sense) and professionalism. Threatening bankruptcy as a means of quieting frustrated unhappy customers over a $21K debt is just nonsensical.I have no dog in this fight, but I’m genuinely curious - what kind of business that assembles and sells $,$$$ products, presumably in batches of more than a few at a time, can’t refund $21,000 to customers?
if it came down to i‘d just write that check myself to avoid the massive ill will that’ll cost far more than $21k in profits in the long run,
we buy stuff from small/specialty manufacturers all the time. if they didn’t order the materials/components until the order was made/paid for the for product, it would take forever to get anything!
…Threatening bankruptcy as a means of quieting frustrated unhappy customers over a $21K debt is just nonsensical.
You have no clue what you're talking about. Speaking of which how's that Sturmey Archer hub working out for you on that POS you bought from China?WW has always been a cult type of business with followers that remind me of Scientologists. They were the boutique brand at a top end price of a low end (mostly branded ebikes from China) market. The donors for this "Super Bike" were I assume the most loyal WW customers and for the company's principle to treat those loyalists so badly with name calling and character assassination demonstrates a lack of business acumen (common sense) and professionalism. Threatening bankruptcy as a means of quieting frustrated unhappy customers over a $21K debt is just nonsensical.
I feel like a rubbernecker at an accident site and will move on as the WW defenders have their knives out and I don't wish to engage.
You've had a look at their accounting books and any possible initial investor statements? Sharing just some rough numbers would help relieve the speculations here.What makes you think they haven't already done that? It's a very small company that has made some big investments. They already injected considerable personal finances to start the company, and more to keep things going, it's not so easy just to keep going to the well. $21K is just the residual owed. I believe they've aready paid back more than that to founders. The deal was founders would be repaid as inventory was refunded. Their best option to keep the company going is to be prudent with very limited cash flow. Any additional money they inject would likely be needed for other purposes.
I asked Pushkar that question last month and sounded like they have been injecting substantial personal capital to continue Helios frame development and keep the lights on. The original amount owed founders requesting refunds was significantly more than $20K (that's just the residual remaining which should be covered by the Gates refund). Of course it's easy for me to say just throw another $20K of personal funds and pay off founders in advance of getting the Gates refund, but I haven't been running a start up for 3 years.You've had a look at their accounting books and any possible initial investor statements? Sharing just some rough numbers would help relieve the speculations here.
"Speaking of which how's that Sturmy Archer hub working out for you on that POS you bought from China?" Nice, that the way to stay classy.
That 21k looks like it's going to cost this company more than that, I would of ordered 21 less frames somewhere from an order and payed those customers off just to still the waters a bit. If a little over 20k is make or break for a company then that's another issue, and not in a good sense.
XOXO we'll wait for the slow wheel of Justice and summary bureaucractic dismissal.Thank you for chiming in @Angela M. Appreciate you keeping an eye on the activities going on here and EBR at large. Appreciate all that you do.