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Unprepared Executives, Poor Knowledge of Industry, "No-Code" means THERE IS NO CODE.

1/18/2024 -
Recommends
Positive outlook

Pros

Initially the roster of knowledgable experts that could propel the company was impressive. The VC partner also impressive. The offer of employee stock and options was positive . . . it was all a lie.

Cons

-Executives lied from day 1 to staff, partners, and clients about the product. -There is NO strategy. CEO has little to know expertise in the insurance industry, nor does the marketing staff. -The health product VP has removed his LinkedIn profile as you would see he actually has no expertise in global health until he joined CoverGo. -They hire not based upon expertise, but whether they think you have relationships that will lead to their success. -Lack of clear and consistent reporting lines. -If you travel, be prepared to loan the company your money as there is untimely repayment of personal credit cards. -Proper delivery of projects with locally staffed and knowledgeable team members. -Upper management's failure to take guidance. -Stop misrepresenting the product, service, and project delivery timelines and capabilities. -Go through a proper hiring process. They have former executives of the company that continue to call themselves "Partners" that claim to have expertise they never did. -HR and the Executive team never completed a valid background check, but rather simply "believed" the executive. -I had an attorney review the "Employee Stock Option Plan," ESOP . . . by his estimation it was pure fantasy and would not stand up in court.