3 ms·
20% guaranteed ROI...how does one become a series E pre IPO investor? Seems a bit like insiders filling eachother's coffers.
by kriro 11y ago
20% guaranteed ROI...how does one become a series E pre IPO investor? Seems a bit like insiders filling eachother's coffers.
- icedchai 11y agoThe public will be filling the coffers: Retail investors are suckers. They'll buy almost anything, just like in the dotbomb days.
- prostoalex 11y agoThe 20% top-up happens at IPO time, while the shareholder is still subject to a lock-up period. Some of those lock-ups can extend to 18 months, so it's still possible to lose money overall.