Hari IyerWho's Hari?
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He works for NIST and it is a government funded agency. Did he have connections with the DoE?Hari Iyer
He works for NIST and it is a government funded agency. Did he have connections with the DoE?
https://www.nist.gov/people/hariharan-k-iyer
That guy is brilliant. Come to find out, he got $50K up front and only got paid another $30K before Elio ran out of cash. Leading up to that, he did get $109K in salary before his conversion from employee to consultant, all while still being VP of ESG. Hari is my hero and I want to be just like him. Looks like he hasn't created anything but he has some great titles and got paid lots of money over the last 10 years. That's an engineers wet dream.Hari Iyer resigned as our Chief Operating Officer on May 31, 2016. Effective June 1, 2016, we entered into an independent contractor consulting agreement with Mr. Iyer. Under the terms of the agreement, Mr. Iyer will continue to advance our ATVM loan application. The agreement has a term of one year and requires payment of $10,000 per month. We paid $50,000 to Mr. Iyer as a back-end retainer covering the last five months of the agreement’s term in June 2016.
It's kind of ironic that Hari started a company that is devoted to non car ownership then got Bob Glaspie and Paul Elio on board. I thought that Elio was all about car ownership, not being involved with something that is the exact opposite.
https://www.fundable.com/yoyo
It does make sense. With Elio being the PR machine, you'd think they would have told everyone about this because it's literally a way to get VC's interested. I assume this Fridays blog will be about the partnership with Yoyo and how they will be building 100 fleet cars for that company.It makes sense if Paul Elio was hoping to use Elios as the commuter/economy tier of the YOYO service. Cheap cars for the YOYO fleet, extra exposure and testing miles for Elio.
Yoyo is only $99 dollars to join and there are some great reviews on the website. It also tells you that car ownership is broken and they fixed it. So, I'd assume that the three guys that are named after ESG Engineering believe in it, then it must be true. Why would they do something like this? Car ownership is broken and they literally fixed it. I think this is a good thing because this allows for anyone on the sidelines for an Elio to just use Yoyo and see if they really want to get into car ownership. In the end, Paul along with his ESG partners win no matter what. People want car ownership, Yoyo fails if we want it, then Elio Motors wins. It's better than Elon Musk telling what we want. We now have a choice.I don't think that he is with Yoyo anymore, with Pambian Systems. Looks like YoYo is not going to take off anytime soon. Trying to crowdfund a million dollars