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  "documentTitle": "Porch Group Inc (PRCH)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-04-08 00:00:00",
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      "text": "We believe that times of stress are where you see what a Company and its CEO are made of.",
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      "text": "We believe that times of stress are where you see what a Company and its CEO are made of. Porch, lead by Matt Ehrlichman, launched with grand ambitions of being a unicorn, raised $100m, grew to nearly 500 employees, leased a big new HQ, and announced deals with Lowe's and Realtor.com. However, despite all the hoopla, Porch was struggling with its business model and ultimately laid off many employees. Pay attention to insights from former employees.",
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      "kind": "quote",
      "text": "One former employee said media coverage and external perceptions seemed at times to drive the company's roadmap and business strategy, with executives aiming to maintain a steady drumbeat of product and partnership announcements. — Former Porch Employee",
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      "text": "1) “Challenges at Porch: High-Flying, Heavily Funded Startup Learns The Lessons of Rapid Growth”, Geekwire, Nov 5, 2015",
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      "text": "Comparison table with columns: Issue, Porch Employee Insights And Research From 2015, Spruce Point Observations Today",
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      "text": "Is History Repeating Itself? Insights From Porch's Prior Failure",
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