Some observations: I am trying to see something positive out of all of this, although it is difficult to do.
Since their Amergence company has formed, I looked at the 2 PRs. In part, they say:
"It is anticipated that the businesses will be attracted to Amergence in order to take advantage of resources not generally available to small, growing private companies such as mission-critical capital in addition to legal, accounting, and public relations resources."
and
"We will provide an immediate infusion of cash and also contribute an array of business services, professional advice, and guidance...."
and
"The Amergence Group will earn revenue and equity from capital raised and services performed for the emerging companies under its wing..."
Surprisingly, this would imply that they have access to cash, and that they will employ people with specific business skills and knowledge to provide advice and guidance. This would imply that they actually have some funding to start this up, to hire the people, to start doing due diligence on start-ups that apply for their help. They have to hire the business experts now in order to begin the DD process for applicants; this is NOT something that Peter and Scott can do. That's not a slam; it's just my understanding of their backgrounds and expertise.
So, do they really have the funding to do this?
Market Data 
Markets 
AI
