REVIEW: YayYoIPO – The One IPO to AVOID this year!

REVIEW: YayYoIPO – The One IPO to AVOID this year!

White watching MSNBC earlier, an interesting commercial came on:

So we googled, and came across this website, YayYoIPO, it turns out this company is offering a simple ridesharing app, “YayYo is a single sign-on metasearch app for your smartphone that provides price comparison and booking of eventually all available ride sharing and taxi services along with select limousine and public transportation services”.

Now there’s already quite a bit of apps that do this for you already, but these losers are trying to go straight to an IPO and are currently raising money targeting non-accredited investors.

Look we’re not trying to be financial advisors, but if a company is launching basically an ‘invest in us kickstarter’ on daytime tv, it might be a risk, it might be a major risk.  Also if that is for an app that doesn’t seem to have a decent model for profit and it’s app competitors are currently free apps, might also not be a good path to profit.

So we’re going to give this company the biggest AVOID notice as possible.

Comments

comments

Previous WARNING: How FundedToday Helps But Mostly Hurts Kickstarters & IndieGoGo Projects
Next NAB gear stolen from SONY!

About author

Tiffany Rush 113 posts

Tiffany Rush My background includes being a novelist and a non-fiction writer specializing in MBA thesis topics. Additionally I'm an investor and strategist for a few tech startups (which will not be written about here). Go ahead, challenge my wit!

View all posts by this author →

You might also like

Products

How Bad is Apple Music, when Every website is Helping You Cancel?

I already shut mine off.   Gizmodo has an article, Reddit /r/Investing has one as well Computerworld TechCrunch Wall Street Journal  Business Insider And the list goes on and on…. This is

Tech & Startups

8 Things you didn’t know you could stream on Spotify

Are you a Spotify user? Did you read this article over at LifeHacker? The summary is that there are things other than music on Spotify. Including: Audiobooks Radio Dramas Language

Business

REVIEW: Another SCAM job website? ProductionNotices.com

It’s real sad when we have a horrible worldwide economy and there are crummy, scam artist websites that popup to take advantage of hard working individuals. We just reviewed another

3 Comments

  1. John
    May 09, 14:34

    The guy in the commercial should be afraid to be seen in public.

Leave a Reply

Only registered users can comment.