Friday, 19 February 2016

Seedrs accused of fluffing up their figures


As with so many things that are wrong-  it's all about vanity.

At last we have some press that is objectively critical of one of the ECf platforms -

http://www.altfi.com/article/1747_why_can_nobody_agree_on_uk_equity_crowdfunding_volumes

We have been querying these 'completion' figures for ages but at least now we have proof that the platforms are fluffing them up to make themselves look good.

It's not as if they are only mildly altering reality, this operation looks like its a full face, tits and bum job.

We really dont want or need this type of playground one-upmanship - business and finance are not places for mine's bigger than yours games.

So for pete's sake, platforms, grow up.

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