Pros
- “Had” potential for a great product - Irvine team houses the best engineers and most competent leadership
Cons
- The entire purpose of them going public was self serving and to sell off the company to a bigger fish no matter whose lives they manipulated in the process. - No clear decision making, direction, or employee communication from executives. Even top management is left in the dark. - Keep an eye out for red flags, owing vendors millions of dollars, can’t reimburse employees for relocation and travel payments!! - The Teipel’s threw a big celebration which ended up being a fake “Unicorn Billion Dollar Milestone” & “We’re Going Public”, to just lay off more than 50% of the company 6 weeks later. - Serious mismanagement of funds and still blowing money on “Diamond Sponsorships” for events to try & save face without the equipment, staff or products to back it up. - EssentiumX is the cliche joke of the company. People with no military background acting like they’re veterans and former civil servants. - Be prepared to work for more than what they’ll pay you