The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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indeed b1g, even glint managed to raise several hundred million , and that really was a bag of sh5t, Tally much better product and concept, however, you are right, VC's are a little fussy about the characters involved in the project.
sincerely wish i had known a little more about CP prior to getting involved here, its just been one excuse after another resulting in disappointment and chaos, two things definitely not required with a listed or rather potentially listed company.
he believes shareholders can not do a damn thing and keeps stringing along with some oft used catchwords and phrases...... you all know what they are !!!
Parry hasn't been a let down. He has been exactly as he always is. Underwhelming. Reason there is no VC cash is they likely wouldn't touch him with a badge pole. He has had a cowboy reputation for years, and a string of dissolved companies in his wake.
Serial entrepreneur = repeat failed AIM CEO
The dithering has Definately set us back ...while waiting to update the app and get things in place.." which has all been done at a snails pace...our competitors are going in with both barrels blazing and jumping ahead. I sincerely hope CP gets this moving and soon!
Good point Big7.
Parry is turning out to be a big let down..
I remember at the share talk in2017 Parry was blithering about Tally having 20,000 users...
Is the man deluded or incompetant?
Revolut have just posted news that they have successfully raised $500 million in a funding round led by TCV an early investor in Facebook and Netflix - and also attracted backing from Ribbit Capital, DST Global, Lakestar and GP Bullhound. It means Revolut's valuation has seen a threefold increase from when it was last valued by investors at $1.8 billion in April 2018 to now value Revolut at $5.5 billion. Revolut's popularity stems from allowing customers to spend overseas without fees, crypto and stock trading and more recently savings products with more loan service facilities to come and a UK banking license approval expected soon. It now has over 10 million users and is tied with Klarna as the most valuable fintech start up in Europe. It's smaller competitors include Monzo and Starling as well as German rival N26.
This goes to prove that there is an abundance of VC money out there for the right fintech offering. CP can't even raise a few million from VC's for advertising and listing. Tally is a busted nut.
Only glimmer of hope is that we part own Railsbank and I believe that they have a holding in Starling Bank which is absolutely flying. Tally as a proposition has already been surpassed and drowned out due to management incompetence and ineptitude. However the holdings in Railsbank and Starling Bank hold a glimmer of hope.