If we get too big for our britches, call us on it. You own the company. Don’t accept second rate service.
Invested. Involved. Informed. I was asked recently what the “i” in iConsumer stood for and at first I didn’t have a clue. Coming from a previous site with an “i” in the name (iGive.com) and the prevalence of Apple branded “i” gadgets and services, it seemed natural to me that our site would be “iConsumer”. But … Continue reading You are the “i” in iConsumer
iConsumer operates in a very, very big market. According to Digiday, Forrester (one of the big dogs in the analyst space) predicts the following for 2018: $3.7 Trillion – total retail sales $1.4 Trillion – retail sales influenced by digital $507 Billion – online retail sales $118 Billion – mobile retail sales, 23 percent of … Continue reading The world we live in
Our shareholders and customers (all 50,000+ of them so far) came for the experience of being an investor in an early stage startup. We’re working hard to honor that. To be as transparent as possible as we pioneer the journey for a crowdfunded startup through to something we hope becomes much, much bigger. Becoming traded … Continue reading CEO Letter- OTC Market activity- 8/30/18
Amazon Prime Day Amazon has very special sales happening July 16. You can shop at Amazon via iConsumer. We make great money when you do (in part because Amazon doesn’t allow us to share what they pay us with you). For many companies, the bigger their revenues and profits are, and the faster those are … Continue reading Amazon Prime Day and our Stock Price
Growing companies quickly takes cash. We’re no different. Because our main way of doing that is our Reg. A+ offerings, and we’re not going to have an offering qualified by the SEC for some time to come (see this blog post) we’re raising money through a convertible debt offering. This should provide us enough cash … Continue reading Raising Money – Bridge Round
In yesterday’s NY Times, there was an article about how the recent change in the tax code is causing some companies to increase their stock buy backs. We’ve got nothing against buy backs, fwiw, but the article makes the point that this doesn’t help the 99% very much. And that’s one of the biggest reasons … Continue reading Share Buy Backs and the 99%
It’s time we laid out our fundamental strategy – how we plan to use equity crowdfunding to create a company with over 1,000,000 customers and shareholders. How we plan to create a company to rival eBates, RetailMeNot, ShopAtHome, and a bunch of others. We’re doing it by making our customers, every one of our customers, … Continue reading The Strategy – Ownership is the Ultimate Loyalty Program
On October 30, 2015, the SEC voted to adopt new regulations governing Title III of the JOBS Act. This is specifically about small crowdfunded investor opportunities. It is another equity crowdfunding opportunity. The general consensus is that this is great for smaller startups, and companies that are not interested in immediately having a public market … Continue reading Title III Update – Passed by SEC