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They put out press releases and pitch decks boasting on how they were going to develop the best social network that the world had ever seen. They have investmen
by imilk 5y ago
They put out press releases and pitch decks boasting on how they were going to develop the best social network that the world had ever seen. They have investment slides citing their technical team, who supposedly came up with laughably vague "Infrastructure" slides:
https://www.sec.gov/Archives/edgar/data/1849635/000119312521348593/d242442dex992.htm https://www.sec.gov/Archives/edgar/data/1849635/000119312521...
And all this bluster just to outsource the re-skinning of an existing open source project. Vlad N listed as their CIO on slide 21 is Vladimir Novachki, CTO of Cosmic Development, a North Macedonian outsourcing firm. It would take about a week to recreate what they've done, costing about $5k max.
It's like saying you're going to make the #1 website builder then paying someone $5k to just re-skin WordPress. Given the promotional materials they've put out, it's beyond pathetic.