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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company. The Company operates in the technology industry and sells software as a service (SaaS), reselling, referring, and licensing its technology to licensors. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences. The Company provides solutions, such as data, wallet passes, coupon platform, and marketing services. Its Sunflora is a global health and wellness retailer in the United States. Its wallet pass platforms deliver personalized, digital experiences directly through the mobile wallet. Wallet apps are used to save digital passes like coupons, membership cards, and event tickets as well as means of payment like credit cards. Its marketing services offer copywriting, blog post writing, video production, podcast production, photo editing, and more. It also offers a Qples SaaS coupon management platform.


TSXV:FOBI - Post by User

Comment by speculator24on Oct 27, 2020 12:12pm
102 Views
Post# 31788629

RE:RE:Saw this post on reddit

RE:RE:Saw this post on redditit's definitely a bash job but I have noted before that the salary of leadership is unusually high for a startup.

This is not a bashing post as you've seen from my previous posts I like to be very fair to all sides of the arguement. It is fair for any investor or potential investor to comment on the salaries of leadership because at the end of the day for pre-revenue companies that are still in the fund raising phase investors are the ones paying the salaries of the employees.

From my experience in investing in startups senior leadership traditionally take low salaries in the early years to pay them a living wage. This is due to the fact that they would have a high shareholding so if they have faith that their company will succeed they will reap the value of those shares at a later stage beit through an exit strategy or dividends.
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