Usacomplaints.com » Miscellaneous » Complaint / Review: Go Big Newtworks - Go Big GOBIG salting their investor list, not maintaining it, allowing scammers in, profiting from the misery of others Internet. #841358

Complaint / Review
Go Big Newtworks
Go Big GOBIG salting their investor list, not maintaining it, allowing scammers in, profiting from the misery of others Internet

Go Big is another scam site. They are at best terrible at what they do and at worst criminals.

List of transgressions of Go Big Networks:

Allowing anyone in:

GB makes money no matter how fraudulent your intent is when you sign up so they're never going to be "too harsh" on people who are scamming companies/individuals with legitimate ideas/products/services.

If they're subscribed and that money flows in monthly GB will delay, drag their feet, never contact, etc. Rather than remove these people.

Investors aren't legit

Some of the investors are people who do the following:

They are really big investors, but they work through completely different channels (ie they only invest in companies that are already profitable etc..) but they make it SEEM like they want to invest in people on GB, so they send you a mail:

Pay to review/polish

"Hi I'm Tex Starbuck and I'm a mulibillionaire, I started the following companies blah blah. And I really want to review your idea, you just need to send our investment group your executive summary and $190 to cover our expenses"

Again this is 100% BS. No legit investor should charge you money to look at possibly investing in your idea. Others will want to sell you their amazing business services (everyting from resume's to document prep all at about 300% what you can get it done for elsewhere

Snipers

Let's face it, most of the people using an investment network don't have the extra 3-5K laying around to get copyrights/patents / etc. So when you post your information, some of these "investors" are simply copying the information and then going and selling the info, or developing your idea for their own financial gain.

Spammers
These guys are just going to listen to your idea, nod and smile, then tell you about other great products/services that they want you to buy into (again resume services, other investment networks you can sign up for, (only 39/mo there c'mon make the switch!)

Out of every 100 investors in the site, *MAYBE* 5 are legit, and that's probably being VERY forgiving on my part.

Publishing information to the internet:

If you have IP that you want to keep confined to the investment community,

A. That's a bad idea at GB because they let anyone in the door w/no checks whatsoever. And

B. They publish your proposals to the internet so that anyone can see them. Any competitor, any person who already has $ and can run with the idea immediately thus completely cutting you out. If you wouldn't write it up and publish it the local newspaper, don't put it on GB

Charging the people requesting funds:

If this was a legitimate serivice (ie they didn't make their money off of volume "suckers") they would allow you to post your info for free and the investors looking for info would pay a premium to gain access to your info as they're the one's who stand to make money off using GB. It's just like Monster.com (a legitimate site) they don't charge you to post a resume, because the employers have the demand and pay the fees. It's horribly stupid to expect the people looking for money to dump money into being "on a list" Furthermore they would have some kind of "match" charge to the investor where they would get some kind of % or bonus if you were hooked up with an investor and did something.

The lies about maintaining their DB.

GB doesn't maintain their investor database, once you sign up as an investor you're in there forever even if you cancel your account. (this makes it look like they have WAY more investors than they do)

And if you send info to an investor and you don't get a form letter or a reall reply back, they probably lefft GB 1-9 years ago. Based on GB's supposed model their entire business is basically maintaning a big CRM database. That's a part time job for 1 mid level employee to stay 100% on top of it at all times. So all the excuses are just more lies on the part of GB.

Testimonials

1 success vs # complaints/failures etc..

Odds are about the same as winning the lottery as most investors are fake.

Bottom line find a local invesment group that you can go sit down and talk to in your area GB is simply going to cost you money for no results.


Offender: Go Big Newtworks

Country: USA
Site:

Category: Miscellaneous

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google