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Thermal Grizzly was scammed twice on raw materials worth €40k
- k1musab1 7mo agoI saw the video, and wondered if they bypassed Alibaba after finding the vendor - Alibaba has trade assurance with significant protection for the buyer and seller, including escrow until order is received and checked.
- sourcecodeplz 7mo agoFrom the comments, people seem to infer this.
- Anonbrit 7mo agoWas he buying from Ea-nāsir?
- justinclift 7mo agoMight actually be a distant descendant! ;)
- summarity 7mo agoThis guys factory is just across the lake from where I live and this is painful to watch. Both Alibaba and the general local industry (metal fabs, train shops, etc) have high degrees of expertise in supply chain verification. You can hire (heck even bribe) experts along the way to reduce fuck ups. The video contained no mention of any audits, any additional paperwork beyond some pictures. I once had a company that procured very simple electronics (fingerprint readers) from Taiwan and due diligence included travelling there, meeting every single person in the engineering office in person, then touring the contract factory where this would be built, then negotiating shipping and even driver development details. This took all of one week and the price of a few plane tickets. We didn’t have the cash for professional auditors. In the end we got a product that worked, and even at a lower price (negotiating at a distance is not effective).
- rasz 7mo agoThis all sounds quite insane. I bet Roman would not buy a car sight unseen from Europe, but here he is sending money in blind to China.
- burnt-resistor 7mo agoThis is what due-diligence looks like. Without it, platform vendors lacking scruples and a proper platform accountability process will cheat because it means more money for them.
- readthenotes1 7mo agoSo it sounds like he basically tried to exploit Alibaba using them to find suppliers and then go to those suppliers for a better deal than he could have gotten through alibaba-- not caring that Alibaba provided protection against getting scammed. Hard to have sympathy
- nozzlegear 7mo ago"There's an old saying in Tennessee – I know it's in Texas, probably in Tennessee – that says, 'Fool me once, shame on... shame on you.' Fool me twice – you can't get fooled again."
- the_real_cher 7mo agoFamilies is where wings take dream.
- blitzar 7mo agoWe must stop the terror. I call upon all nations, to do everything they can, to stop these terrorist killers. Thank you. Now watch this drive.
- the_real_cher 7mo agoMission Accomplished
- scotty79 7mo agoI the price is too good to be true it often is. I think like credit card charbacks make harder for Americans to develop a healthy intuition on smaller stuff and eventually they get hit big.
- burnt-resistor 7mo agochargeback? These platform resellers typically demand durable payment up-front. No concept of NET30/60/90 because it's a low-trust marketplace without credit usually.
- burnt-resistor 7mo agoAliBaba sucks. Vendors and AliBaba charge you, the buyer, for all of their fees. And then whenever a vendor decides not to fulfill an order by canceling it, AliBaba refuses to refund all of the fees charged. And there's no way to leave negative feedback of a cancelled transaction. Screw that.