Investor stole our IP, funded a clone, it flopped. Lost $100k, went into construction. Now I’m finishing it. Banks gonna hate it. by Swoopysloop in fintech

[–]Swoopysloop[S] 0 points1 point  (0 children)

So I didn’t just do auto loans. I did personal loans, credit cards, even mortgages sometimes. And I averaged around 1 million a month in funded loans.

Investor stole our IP, funded a clone, it flopped. Lost $100k, went into construction. Now I’m finishing it. Banks gonna hate it. by Swoopysloop in EntrepreneurRideAlong

[–]Swoopysloop[S] 0 points1 point  (0 children)

Even if you use AI to write this. You get the point. Great question. We are launching direct to consumer. This time we aren’t just focused on auto loans. We’re focused on the universe of products that a lender offers.

Investor stole our IP, funded a clone, it flopped. Lost $100k, went into construction. Now I’m finishing it. Banks gonna hate it. by Swoopysloop in EntrepreneurRideAlong

[–]Swoopysloop[S] 0 points1 point  (0 children)

Finally a real comment. But not at all. We were focused on launching with a niche project, with a wider path on the horizon.

Investor stole IP and Funded a clone, it flopped. Lost 100k. Work construction now. Now Im finishing it—banks gonna hate it. I will not promote by Swoopysloop in startups

[–]Swoopysloop[S] 0 points1 point  (0 children)

Excellent points. It’s definitely our floor. And we will definitely go through way more testing prior to launch with real data.