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> Crowdfunding has a bit of an adverse selection problem, where only companies which are insufficiently attractive to more professional angels They mean every
by cloudjacker 10y ago
> Crowdfunding has a bit of an adverse selection problem, where only companies which are insufficiently attractive to more professional angels
They mean every idea that doesn't have a 10 billion market to disrupt and gain 1% of
Its crowded at the bottom, enjoy the liquidity preference!