Replies to post #27808 on Netcapital Inc (NCPL)

[r clarke]

Notice any similarities in a lot of these companies?

They're startups, with no history, little revenue and no profits,
insane valuations, and they are often incestuously linked with all the
same people.

A lot of them are never going to make money, they're just not viable.

This one, Hive Skill:

Using buzzword AI

Valuation of over $11M

Founder is Michael Fanning? ( Shawn Fanning’s cousin )

Michael previously interned at Zelgor, performing QA, playtesting and working on software development. He is currently a student at Bentley, majoring in Business.


Anyone put money in this?

This seems to be a another Shark Tank reject?



Here is a cut and paste from their income statement:

Hiveskill LLC
Statement of Comprehensive Income
(Unaudited)
For the Period
April 30, 2020
(Inception) to
December 31, 2020
Revenue $ -
Expenses:
Total expenses -
Net income $

https://netcapital.com/files/282f3685-9c6a-43ae-85e7-9d9d39fb8c6f/hiveskill_income.pdf


Think its a misprint that it appears blank?

Too funny, unless you have money in this "company"









" Netcapitalinc portfolio company Hive Skill

https://netcapital.com/companies/hiveskill?utm_campaign=NCA_HS&utm_content=155268157&utm_medium=social&utm_source=twitter&hss_channel=tw-4122988462