Completely understandable - healthy
skepticism is warranted. The report is
hosted on Selar.co, a Nigerian creator
platform similar to Gumroad.
All the core information in the post is
verifiable independently - the Alvarez &
Marsal appointment was covered by
BusinessCloud, the collapse by Sifted and
Bloomberg. Happy to answer any questions
here directly.
That's a fair point. The valuations are
estimates based on comparable distressed
asset transactions - the actual sale price
will depend heavily on what the administrator
packages together.
You're right that client contracts are the
key variable. The report notes that the
enterprise client database value is
contingent on whether Alvarez & Marsal can
transfer existing relationships. Source code
alone without clients is worth significantly
less.
The timing concern is also valid - assets
depreciate the longer they sit in
administration.
All the core information in the post is verifiable independently - the Alvarez & Marsal appointment was covered by BusinessCloud, the collapse by Sifted and Bloomberg. Happy to answer any questions here directly.