DOU 14.3% 0.3¢ douugh limited

Ann: Douugh launches self-driving money mgmt feature Autopilot, page-40

  1. 2,496 Posts.
    lightbulb Created with Sketch. 319
    I know another poster mentioned this above, but while perhaps well-intentioned, the opening commentary by Andy is both somewhat misleading and tone deaf.

    Before we even begin, if you are going to quote a source, give the source - https://www.flexjobs.com/blog/post/flexjobs-prudential-survey-covid-19-personal-finances/

    "With nearly 25% of Americans having less than one month's..."

    The survey was taken in June 2020 and in context of how the the current pandemic has impacted their work and savings. It's not nearly 25% of Americans. It's 24% of a self-selected group of 1100 people that are members of a flexible working website.

    Andy's statement is broad oversimplification and while the intention is valid, the context in which it has been presented shouldn't be used to justify a business case. It's just kinda lazy and would have presented bettter without it.

    The poor explanation choices continue with directly following image containing bills, rainy day, vacation, laptop, new couch, safe to splurge.

    Given Andy's choice to use the image to help back the research is just tone deaf and kinda arrogant. If you only have a month of money for expenses, you don't have money for a vacation, laptop, new couch, safe to splurge. You have money for bills and hoping your kid has everything they need for school. You don't need an app to tell you how hard life is. You need more stable employment, etc, etc.

    If anything, it's slightly ironic that the research used to back up the case are perhaps a core group of people who are the least likely to have the ability to actually get anything out of it.

    The Tesla inference is laughable. Which is a shame because the information regarding the automation was quite interesting.

    This is all such a waste. The actual thing being presented is actually pretty interesting and is somewhat innovate as a budgeting tool but the messaging is off the mark for the target audience who might actually find it of most use.
 
watchlist Created with Sketch. Add DOU (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
-0.001(14.3%)
Mkt cap ! $3.246M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $18 6.12K

Buyers (Bids)

No. Vol. Price($)
15 15064168 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 17126750 19
View Market Depth
Last trade - 12.49pm 20/08/2024 (20 minute delay) ?
DOU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.