Basically seems like a new pseudo-VC who's roped in a bunch of rich civilians into this great-YC-idea-you-know-small-stakes-small-investments-but-BIG-returns Fu

Basically seems like a new pseudo-VC who's roped in a bunch of rich civilians into this great-YC-idea-you-know-small-stakes-small-investments-but-BIG-returns Fund. This is one of the cases where 'Launch Now, Fix later' doesn't really work out at all with your target audience.