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Something Is Coming....

Jeff H

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The offer is a crock. Customer acquisition is expensive. $40K + Elioi ($7300) for 50K is less than $1/customer.
They would normally spend 10x that much for the same result.
 

NSTG8R

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The offer is a crock. Customer acquisition is expensive. $40K + Elioi ($7300) for 50K is less than $1/customer.
They would normally spend 10x that much for the same result.

It's a "crowd source" funding business. Why wouldn't they "crowd source" the advertising. It's not a crock, it just doesn't jibe with the status quo.
 

Jeff H

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50K new customers would almost double their current investors according to their home page.

Any request to double one's base is a non-trivial endeavor. Along with minimums to qualify for a payout, I retract the highly inflammatory "crock" and would amend it to "low-ball". Crowd source or not, non-profit or not, that is not anywhere even close to market returns for those who participate. and the "1" who wins. More power to them, but not from me on this one.
 

Rickb

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I think the offer is low ball because StartEngine is offering a prize that doesn't exist to encourage people to refer friends and family to gamble by investing in a high risk StartEngine Campaign. I don't think Paul Elio would approve, unless he is providing the complimentary Elio. Who thinks this stuff up?
 

Ekh

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This is a Tom Sawyer campaign. Elio has excelled at Tom Sawyer stuff since Day One, that is, getting other people to do the work and sometimes even pay for the privilege.

This particular campaign is really a social media campaign. How the hell else would you get 20,000 to 50000 people to sign up? Also noticed that you don't actually have to spend any money if you register as an investor with start engine. That means that if somebody can get 20,000+ people to sign on with start engine.com using the recruiter's personal link, they become eligible for the prize. The same people do not have to invest in Elio stock or Reserve an Elio car to be counted. Obviously Helio's hope is that some of them will stick has either investors or reservationists or both.

My guess is this is aimed directly at Facebook and Twitter power users. If even a reasonable percentage of those who sign up with start engine actually wind up becoming Elio investors or committed all-inners, Elio will be bucks up.

I really don't like this. It's undignified, it doesn't speak to the investment value of the stock, and it is definitely a gimmick. There's nothing illegal about it, but it does not speak favorably to Elio's credibility as a legitimate enterprise.
 
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