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Maybe I’m giving too much benefit of the doubt. Can’t see how not paying himself would have really changed much?
I’ve also no idea what that sort of capital really means in the world of coats but seems he started this time with a pre order model and has out grown that?
GoatandTricycle-
Probably could have done with paying himself an average industrial wage at least, rather than that of someone who has a clue what they're at. Lots of better business people don't take that type of salary when starting up
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Also getting custom bikes made for him and his Mrs on the companies paycheck 1 month before going under. He knew there was no money so was trying to squeeze out all he could before it went.
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Yeah but in the video on the crowdfunding page he literally says 'we run on a pre-order model so that we don't end up with overstock'. Sooooo............
It just seems a bit disingenuous. His surname isn't mentioned anywhere on the page. Just 'our founder Nick', that says it all to me. They don't want people to be able to google his name and see that he was linked to Vulpine.
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I’d be fascinated to hear why you feel he deserves benefit of the doubt, following a high profile, public failure that cost many people a great deal of money which he raked out of a business which he knew was sinking. Better read that article again.
Weepsie
Sumo
JB
Jameo
And he's going back to the same crowdfunding site to do exactly the same thing again.