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by glass_of_water 2288 days ago
This appears to be an appeal by Womply to direct a ton of stimulus money toward them, so that they can make loans to small businesses (instead of the Small Business Administration), and then they can take a cut of that.
2 comments

This appears to be a very ungenerous reading of the slide deck. This is a time everyone needs to pitch in and do what needs to be done.
Yeah, this is no time to criticize grifting.

Previous commenter has nailed it directly: opportunists see a mountain of money heading out from government to the public and they want to insert themselves in the middle and grab a big chunk of it.

I mean, these businesses file tax returns and the government has an address and even a bank account on file for them. Government could... write them a check. I've just provided all the value Womply provides in getting money to small businesses, pay me.

No, that's not the goal. We aren't trying to monetize this. We are trying to be good corporate citizens and to help our customers, the country, and our market. We have unique data, expertise, and resources so we feel obligated to help out.
Is there a PDF of this deck?