The article discusses the potential of using alternative data to identify problems at companies like eFishery sooner and protect investors.
Alternative data encompasses non-accounting information from various public sources, such as customer reviews, web traffic, news articles, and aggregated credit card spending.
Analyzing multiple sources of alternative data alongside competitor and industry developments can provide valuable insights.
The author shares insights from their analytics platform, showing warning signs related to eFishery's distress before public disclosures.
Data analysis highlighted concerns like caution around IPO, insider comments on fraud, layoffs, and CFO resignation at eFishery.
By examining indicators like NPS scores and employee sentiment, the article showcases how alternative data can reveal potential issues within a company.
The article raises questions about financial management, system capabilities, technology adoption, and operational factors at eFishery.
While the data insights are not definitive proof of malfeasance, they suggest a consistent stream of signals that warrant further investigation.
The article emphasizes the importance of thorough due diligence by investors and active operational support post-investment to mitigate risks and enhance recovery prospects.
Readers are encouraged to independently verify the information provided in the article, as the author's opinions are based on internal research with no warranties on accuracy.