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With the kind of money he has, Cuban should know that Angel investing is nothing new. I was part of a startup in the late 90s that was entirely funded by angel
by bigtunacan 11y ago
With the kind of money he has, Cuban should know that Angel investing is nothing new. I was part of a startup in the late 90s that was entirely funded by angel investments. These private investments are just business as usual. The only new thing is the organization of micro investment angels to allow investment from people with less money. Personally I think those are a bad idea and smart people would be better putting their money in an index fund, but I'm not a big risk taker.
- bigtunacan 11y agoNot sure what I said that got me a down vote, but just on the off chance it is because I used the word "Cuban" and someone thought I was being racial... The article was authored by Mavericks owner Mark Cuban. Maybe it was something else I said, just not sure what.
- irishcoffee 11y agoPeople have a habit of downvoting just because they disagree with what is said, which is not the purpose of a downvote.