Here is an instance
Nick has stated that he made a purchase in Porch and has a wall of checks along with a seat on Porch in the decision process.
If you follow Successfull Home Inspector podcast episode 115.
@ the 52 minute mark.
Q. how does one invest in Porch?
A. its a private company that simply does not happen.
Q. Nick Gromicko says he invested. How did he invest?
A. Uh Yea Nick and I started talking about the buy back guarantee and his idea was he let me invest that will give me deeper insight to the company with the data to make sure nothing weird is happing
Q. Does he have a seat on the board of any kind of voting?
A. NO Nope no no seat on the board, he is just an advisor to give him assurance that we are doing what we say we are doing, that we are not selling data.
Nick tells the InterNACHI members that he bought part of porch, he now has a controlling seat in how they operate, Nick was given a wall of cash to pay for customer complaints.
Matt CEO of Porch says NO
I want to side with Nick on this because i respect him, but someone is blowing smoke up the rear side of the membership.