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    Business How they sold a broken dream. The leaked Fyre festival pitch deck

    February 06, 2019

    Business How they sold a broken dream. The leaked Fyre festival pitch deck

    How they sold a broken dream. The leaked Fyre festival pitch deck

    Posted: 05 Feb 2019 12:50 PM PST

    Reddit is raising a huge round near a $3 billion valuation

    Posted: 05 Feb 2019 11:33 PM PST

    Gerald Cotten: Crypto-Exchange CEO dies in India, platform can’t pay investors as he had the passwords

    Posted: 05 Feb 2019 11:24 PM PST

    Fiat Chrysler recalling 882,000 pickup trucks in two call backs

    Posted: 05 Feb 2019 11:01 AM PST

    A retail client of a wholesaler we used to supply is threatening to take us to court.

    Posted: 05 Feb 2019 06:11 PM PST

    My company sells designer furniture to retail stores and interior design firms. From time to time we used to provide an outdoor rattan furniture set to a specific retail store (small tiny company) that is located close to where we are based.

    This specific customer was not a huge account but from 2008 until 2013 they would purchase a couple sets a year at a wholesale price.

    In late 2013 we changed our supplier for this specific line. The original factory got sold and started building something completely different so we found another source.

    Fast forward to 2017- the original client places an order for 2 outdoor sets - one of the sets he called to order was no longer available and he was told that we had changed suppliers and were no longer able to get the line he wanted.

    He decides to place the order. We provided the new images of the order.

    After placing his order he starts to call about once a month and ask when we were bringing back the old line (he was told never). He also starts to call from time to time just to complain about the slight differences between the new line and the old line.

    Again he was told multiple times (in writing) that we no longer carry the line he keeps referring too.

    He had been so difficult that before we shipped his order we offered him in writing a full refund for his order due to his complaints about the change in supplier. He didn't want the refund and requested that we ship immediately.

    So we shipped it out...

    At the end of 2018 I get an email from him stating that his client had received the set and was complaining that it wasn't the same as the floor sample that he has displayed in his storefront. He then tells me he has used the same floor sample for the past 10 years....

    Remember....he had been told before placing his order that this was not the same set as what he previously purchased. He was also provided photos of the new set. He was also offered a refund due to his complaints.

    Today I get a call from HIS customer demmanding a full refund for what he had charged her ($3700). Her reasoning being that it wasn't the same as the floor sample she was shown, and that it didn't have a warranty like she was told. (We never offer a warranty on furniture we do not personally build in house).

    I also get a follow up message from the original client also demmanding the entire $3700...this client was sold the set at $1550.

    They have now also filed a compliant with the BBB. Stating that we mislead them on their purchase and changed the design with out informing them. They also have said that if we do not reimburse that they will take it to attorneys...

    I have every conversation with this client in writing going back to when he was told originally it had changed.

    Does these people have any standing?

    submitted by /u/cnc123cnc
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    Reddit is reportedly worth $2.7 billion

    Posted: 05 Feb 2019 08:20 PM PST

    2019 Stress Test Scenario: Big Banks Must Show The Fed They Can Survive A Hypothetical Scenario With Enough Capital To Continue Lending.

    Posted: 06 Feb 2019 01:50 AM PST

    Would co-creating solutions with startups on technology bring another business breakthrough? (think Siri for Apple and Alexa for Google)

    Posted: 06 Feb 2019 01:10 AM PST

    Instacart faces class-action lawsuit regarding wages and tips

    Posted: 05 Feb 2019 08:31 PM PST

    For Chinese Startups, an Economic Slowdown Brings a ‘Freezing Winter,' no venture capital deals are coming in

    Posted: 05 Feb 2019 08:29 AM PST

    Digital growth depends more on business models than technology: « Yes, those companies had great technologies, platforms, and demographics, but the secret of their success turns out to be much more prosaic. Each was able to satisfy real customers who needed real jobs done. »

    Posted: 05 Feb 2019 01:43 PM PST

    Papa John’s scores $200M investment, new chairman

    Posted: 05 Feb 2019 09:44 AM PST

    [Idea] Thinking about creating a Free Chegg or Coursehero type website

    Posted: 05 Feb 2019 09:10 PM PST

    As stated in the title I am thinking about creating a Free Chegg or Coursehero type website. But I was wondering if students would really be interested in using it? How could I find out?

    submitted by /u/WPICompany
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    SEO Techniques boost business | Best SEO Company in Chandigarh

    Posted: 05 Feb 2019 09:01 PM PST

    How to launch a successful e-commerce business in 2019

    Posted: 05 Feb 2019 08:28 AM PST

    Loose money era leaves trail of U.S. corporate debt junkies

    Posted: 05 Feb 2019 08:16 PM PST

    Question regarding fees

    Posted: 05 Feb 2019 07:10 PM PST

    Im in the formative stages of a business idea in which the revenue will be generated solely through percentage fees on transactions people make and while i understand each case is unique i wanted to do some research to help me decide how large of a cut should be taken from each transaction in order to maximize profits while keeping it low enough as to not drive potential customers away, if anyone could point out any studies or other research documented about this or if you have personal experience with a similar situation any help would be much appreciated

    submitted by /u/UnappetizingEtruscan
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    Bridging the marketing-sales divide with data

    Posted: 05 Feb 2019 10:23 AM PST

    Advise on our family business situation?

    Posted: 05 Feb 2019 06:41 PM PST

    Our family owns a machine shop. We have around 50 employees working for us right now. It has been very successful with my father and 2 uncles running it for the last 30 years. The problem is, my father is 55 and constantly talking of retirement. I am currently 24 and my father's plan is for me to fill in the gap when he leaves. The way the business is set up is that my father (55) and my two uncles (44) & (45) each own a third. My uncles do not have any children to take over for them.

    I see a problem arising very soon, whenever my two uncles want to retire in 10 or so years. I feel like I am going to be left all alone, losing the combined 90 years of experience between the three of them and because they have no children I won't have anyone to work with.

    Also, I'm assuming I would have to buy them out would they want to leave, but the business is worth more than is possible to buy them out of.

    I would just like some advice on how to structure the next 10 years so that I am not left out to dry when they decide to leave.

    Any advice is greatly appreciated!

    Thank you.

    submitted by /u/hoytrider
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    American expatriate lawyer sues IRS, U.S. Treasury over 'Transition Tax'

    Posted: 05 Feb 2019 09:48 AM PST

    Major Global Powers Ordered To Stop Trading Oil And Gold Assets With The Venezuela

    Posted: 05 Feb 2019 10:32 AM PST

    How a Startup is Using Magic Mushrooms to Treat Depression

    Posted: 05 Feb 2019 04:13 PM PST

    The Future of Payments in 2019

    Posted: 05 Feb 2019 10:03 AM PST

    Interesting Partnerships between Big Companies?

    Posted: 05 Feb 2019 01:31 PM PST

    I have a school presentation where I am to suggest a meaningful and interesting partnership between two big companies that will lead to growth for the companies. Examples of existing partnerships like this are Apple and Nike, GoPro and Red Bull and a handful of others.

    ​

    Need people to brainstorm ideas for me to do

    submitted by /u/RadeenChoudhury
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