POTENTIAL SCAM ALERT:
Anyone hear of David Drake Family Office?
They claim to be connected to $1.6T in Family Office wealth. They contacted me and let me know that their due-diligence on a company is whether you can hire one of about twelve partners, who then give 50% of that to David. I was invited in saying that if I were to join that group they would send me ICO clients for Stokens and David would get 50% of what I charge and the referring partner would get 10%.
I spoke with several people who told me that after they get paid they stop talking to the entrepreneur or provide the paid services but do NOT find money for them.
I then spoke with his partner who referred me into this group and asked what due-diligence they do before sending on a client to the families and he said that their due-diligence is whether the person can pay. I told him that is pure bullshit. What about team, P&L or pro forma, traction, major clients or competitors, size of the opportunity, a demonstrable and defensible business model...
Yeah, right. BEWARE