Umang Shah
👤 PersonAppearances Over Time
Podcast Appearances
And so maybe inflate a number, maybe, you know, like position it like outside of the facts. And so, you know, I think that was my first sign of, wait a minute, I don't know if I love that. I don't think I really feel great about that. But in the end, the checks were clearing. During my time there, I always got paid eventually.
You know, my salary always eventually got paid and my expenses always got paid. And so there was never a question about that.
You know, my salary always eventually got paid and my expenses always got paid. And so there was never a question about that.
You know, my salary always eventually got paid and my expenses always got paid. And so there was never a question about that.
Josh just kind of verbally presented himself as successful entrepreneur who took the proceeds from previous successful exit and rolled it into this business. He talked about having invested at that point, I think it was $9 million into the business. And so he would refer to his past successes and kind of his lifestyle as proof of his success.
Josh just kind of verbally presented himself as successful entrepreneur who took the proceeds from previous successful exit and rolled it into this business. He talked about having invested at that point, I think it was $9 million into the business. And so he would refer to his past successes and kind of his lifestyle as proof of his success.
Josh just kind of verbally presented himself as successful entrepreneur who took the proceeds from previous successful exit and rolled it into this business. He talked about having invested at that point, I think it was $9 million into the business. And so he would refer to his past successes and kind of his lifestyle as proof of his success.
We ran into some complications. We just didn't think there was a pathway where Flocky was going to be successful. Not in the way that we had built it. And so ultimately the decision was made that we're going to package that up and sell the company. for assets or whatever. Ultimately, I told Josh, look, I'm going to step away. This has been great. I'm going to back out.
We ran into some complications. We just didn't think there was a pathway where Flocky was going to be successful. Not in the way that we had built it. And so ultimately the decision was made that we're going to package that up and sell the company. for assets or whatever. Ultimately, I told Josh, look, I'm going to step away. This has been great. I'm going to back out.
We ran into some complications. We just didn't think there was a pathway where Flocky was going to be successful. Not in the way that we had built it. And so ultimately the decision was made that we're going to package that up and sell the company. for assets or whatever. Ultimately, I told Josh, look, I'm going to step away. This has been great. I'm going to back out.
I'm going to let you guys run the new business. Umang stepped away and Josh finished dealing with a sale. They found a buyer. It was kind of the actual sale happened after I left.
I'm going to let you guys run the new business. Umang stepped away and Josh finished dealing with a sale. They found a buyer. It was kind of the actual sale happened after I left.
I'm going to let you guys run the new business. Umang stepped away and Josh finished dealing with a sale. They found a buyer. It was kind of the actual sale happened after I left.
There were multiple times where I would use my personal credit card to finance business things. It really wasn't a big thing. I mean, but sometimes those expenses could have been up to $50,000. They were running media and we needed to pay for some advertising. The expenses themselves weren't concerning. It was, you know, okay, the fact that I'm putting $50,000 on my personal credit card.
There were multiple times where I would use my personal credit card to finance business things. It really wasn't a big thing. I mean, but sometimes those expenses could have been up to $50,000. They were running media and we needed to pay for some advertising. The expenses themselves weren't concerning. It was, you know, okay, the fact that I'm putting $50,000 on my personal credit card.
There were multiple times where I would use my personal credit card to finance business things. It really wasn't a big thing. I mean, but sometimes those expenses could have been up to $50,000. They were running media and we needed to pay for some advertising. The expenses themselves weren't concerning. It was, you know, okay, the fact that I'm putting $50,000 on my personal credit card.
But again, I got paid back, so I didn't think much of it.
But again, I got paid back, so I didn't think much of it.
But again, I got paid back, so I didn't think much of it.
He says, hey, we're at this pivotal point. We're building this platform. Our credit cards are getting blocked because of technical reasons. We need some new credit cards. Are you able to help? And we put together a structure where he was going to pay me back a certain fee in exchange for allowing him to use my credit card.