u/Available_Bother_342 wrote (the comment Michael replied to):
Maybe start with addressing some of the fellows who feel like they were ripped off. The ISA preys on the weak. I personally asked whether I could switch to some lower upfront cost after a month or two, but of course that was denied. There's no way to assess whether an unknown pro
u/michaelnovati replied · · edited ★ FEATURED
You sound extremely frustrated in your job hunt and with Formation, but taking it out on the team and portraying us a money hungry individuals repeatedly is offensive. Sophie and I have not made a penny from Formation and pay ourselves $0 from day 1. Sophie has pledged any profit from Formation's stock to reinvest into others in the future and to not benefit personally from.
What makes you think we are money hungry and preying on the weak? When people pay upfront we have cash flow, and when people pay with ISAs we generally get paid far in the future, and it's a lot better for people to pay upfront for a small company like us even if we get paid more on an ISA down the road. So I think you have a big misunderstanding about ISAs. If Formation was 100% upfront only, it would be tremendously better as a business model. We offter ISAs to support people that don't have thousands of dollars lying around.
I respond to almost every bug report, feedback, and feature request personally as fast as I can, any time of day, anywhere, and we take them all very seriously, so what examples do you have of that public feedback going ignored?
If you message me directly on MM, I will take care of your removal and refund personally, and not tell anyone else at Formation who you are, other than you are someone who is leaving. I genuinely want you to be in the best place for you and if Formation is not the best place then you are doing a disservice to yourself staying and being frustrated.