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Timothy Sykes

๐Ÿ‘ค Speaker
352 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They're small companies.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So even like the biggest scam, I busted SpongeTech a few years ago and they were advertising everywhere with soap and a freaking sponge.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

But you had to question, wait a minute, are they really promoting this sponge or are they promoting their stock?

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Because every single sponge also had the ticker symbol on it.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So I busted that.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Of course.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Of course.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And they were...

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They were promoting themselves everywhere.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They were at Madison Square Garden.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They were promoting themselves at the U.S.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Open.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They later defaulted on all their advertising deals.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

That's a blatant scam.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And that one, I could not find enough shares to short.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I wish I could have.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I mean, AQXP is a tiny company.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

this is just one example that went from two to 55.