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ksynwa 3 days ago

Never heard of yotta before. Upon seeing that the couple deposited $280k with them, I followed the accompanying link to their website. It was a horrifying experience.

mst 3 days ago | parent [-]

It seems like they were branded much more conservatively and bankish at the point where said couple would have picked them.

The site *now* ... yeah. Ick.

ksynwa 2 days ago | parent | next [-]

You are right. I didn't say it in my comment but I was judging the couple hardly but looks like I had made a mistake.

This is the oldest snapshot that the wayback machine has of it: https://web.archive.org/web/20200630201639/https://www.withy...

sgerenser 2 days ago | parent [-]

Proudly displaying the Y Combinator logo right there on the home page.

KyleJune 2 days ago | parent | prev [-]

Yea, they seemed more professional in the past. There were big finance education youtube channels that were advertising it suggesting that the average prizes worked out to be higher than the interest on other high yield savings accounts. The first year I had money in it, that seemed to be true, but interest rates at other banks were going up and I moved most of the savings I had there to another bank.