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Tuesday 29 September 2015

Tech Love and Care

The latest pitch on Crowdcube, Tech Love and Care, is as usual misleading.

The founder Ms Christine Bayer states in the pitch that she co founded a consultancy in 2004. This is intended to imply this is a successful business and therefore she has form in creating a successful new business. The consultancy accounts show virtually no activity - certainly nothing to make you believe she can run more than a paper shop. She is a corporate. If this information is misleading then assume all the rest is also.

As usual Crowdcube DD section were out to lunch.

2 comments:

  1. Just done some research on this funding mechanism "3 years later: Where are they" and picked Tech Love and Care and nine others as a case study. Tech Love and Care another con - clearly a pure copy of other businesses as not a new business. Their forecast was well over £1M profit by now!! A total collapse. Nothing delivered despite lots of "claims" and spend. Directors at companies house have all changed - folk leaving and never heard of again (egg on their faces perhaps). Investors again ripped off. When is this going to be policed and by whom. Due diligence a disgrace - people claim things, get investments and then just pay themselves a salary for 6 months and dissapear....nice work if you can get it

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  2. You need to brush up your research - this company never funded on Crowdcube - the campaign failed.

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