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  "documentTitle": "Porch Group Inc (PRCH)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-04-08 00:00:00",
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      "text": "Porch is a low quality lead generation business, and another attempt by Ehrlichman to recreate The Active Network vertical software story, which ultimately failed and was taken private at 2x sales.",
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      "text": "We believe Porch has concealed or obscured numerous business activities from 2017 - 2021. As a result, investors’ can’t see how miserably Porch failed in its corporate partnerships...",
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      "text": "downside risk: 50% – 70%",
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      "text": "Spruce Point believes that Porch Group (Nasdaq: PRCH), a recently closed SPAC deal, is a classic example of a Company that has never found a business model that makes sense...",
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      "text": "Buyer Beware: Porch has never made money, and its recent uptick in share price is likely correlated to new home sales and home remodeling...",
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      "text": "Porch Is The “Everything” Spaghetti Business Model In Search Of Satisfying A Consumer Need That Doesn’t Exist: 50% – 70% Downside Risk",
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