Early Investing is now part of Kingscrowd. Get the latest startup deal reviews and research

Startup Investor

Special Alert on Trustify (Recent Recommendation)

Special Alert on Trustify (Recent Recommendation)
By Andy Gordon
Date August 24, 2015
Share

Dear Startup Investor,

I’m rushing this out to you because something extraordinary is happening with Trustify.

Remember Trustify? I recommended it to you on July 29.

At that time, the Ashley Madison hacking scandal was very new.

But already business at Trustify was picking up thanks to the scandal.

Trustify’s founder and CEO, Danny Boice, and I discussed it at length.

It was bringing in more revenue than expected and creating a name brand for the company… seemingly overnight. And it was all very welcome.

But I don’t think even Danny knew just how big the scandal would become or the impact it would have on his company.

Halfway through the month, Trustify has more than quadrupled its monthly revenue objective.

Last Thursday it made $67,000. The day after – even more (final tally not in yet). The August revenue goal was $43,000.

That’s crazy. And this is perhaps even crazier…

Danny just told me that in the past two days, they’ve been averaging 500 searches per second on their Ashley Madison search tool.

Yes, I said per second.

And he said that Trustify has now been mentioned in 10,000 articles – the bulk of them recently – as documented by Google.

Here’s one from The Washington Post, dated August 19…

“But if you’re worried about appearing on the list, yourself… at least three sites are republishing Ashley Madison’s user data on the public-facing Internet. Trustify, a sort of Uber for private eyes, said in a statement that it was also updating its hacked-email search tool to add the Ashley Madison files.”

And this is from the Pittsburgh Post-Gazette, dated August 21…

“Trustify, a Washington, D.C.-based website and private investigation firm, said Thursday the Ashley Madison release has caused a huge boost in activity on its site. The firm allows users to plug in an email address for free. For $199 – or more for a rush job – the firm will provide a comprehensive review of how the email was used, who used it and how much money was spent on the website. That has led to a 15-fold increase this week in the number of paid open cases at the firm, which still has under 1,000 cases.”

More than 1 million new users have joined their platform since the incident occurred, Danny says.

Trustify is blowing up before our very eyes.

What do I think?

Well, I thought it was an outstanding investment three weeks ago.

And now, I’m more convinced than ever that this is an exceptional opportunity.

The company has begun its journey with a dream start – in the middle of a scandal gone viral – offering its services to all those affected (and those who think they are).

Simply put, the company is far better off than it was just three weeks ago.

Its short-term prospects are off the charts.

Long term, it has a much better chance of hanging around and becoming the disruptive force it envisioned. And yet…

The valuation did not go up one penny. It’s exactly the same.

You’re literally getting a better product for the same price.

And Trustify is switching its deal to now offering preferred shares. I like them better than the common shares the company had originally offered.

The one difference? The minimum has been increased from $5,000 to $10,000. Why?

Demand for shares is now overwhelming.

The remaining shares – about $200,000 worth – are going fast.

So, a word to the wise: If you want to invest, you need to do it right away.

You can follow my instructions in the original alert here. Trustify is now offering preferred shares at a $10,000 minimum.

I’m also pasting the links you need here, for your convenience…

Go to this page
 and click on the orange box if you’ve already registered with Onevest. Or go here if you haven’t.

Remember, there’s no time to waste.

Invest early and well,

Andy Gordon

Startup Investor Portfolio

SUI Port 8-24-15 Update

Top Posts on Early Investing