Sharestates Reviews

The Davoodi patriarchs of the company have quick tempers and fragile egos, leading to abrupt and immature decisions made during emotional outbursts. The men dismiss staff publicly, on a whim, withhold payment from employees, bully, etc. Sharestates/Atlantis staff remains on its toes because the two founders moods change rapidly. Thanks to the founders' unrelenting hard work, they have had success over the years in real estate. Unfortunately because they do not have the experience to lead a technology company, the Davoodi's make choices that hurt the crowdfunding side of the business. They cut corners, choose cheap (scammy) providers, etc. Reputable startup investment platform, SeedInvest, withdrew its fund's commitment to Sharestates, as well as discouraged its community from investing in Sharestates after it was "discovered that Sharestates had begun distributing quarterly management bonuses using cash they were generating through normal course of operations." Other cons are too serious to be mentioned here.

- No one is happy at the company - Founders don't share any of the success - VERY high Turnover - Management thinks they have experience but don't