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Get experienced people to rate investments in a manner similar to that for debt.
by unclebucknasty 10y ago
Get experienced people to rate investments in a manner similar to that for debt.
- endymi0n 10y agoThe same experienced people that gave triple A ratings to junk bonds before the crash? Snark aside, if you happen to halfway accurately solve the problem of rating a startup's risk and potential, better keep it to yourself and go down as the most successful VC in history.
- unclebucknasty 10y agoHa! Well, it definitely wouldn't be perfect, but an experienced VC knows quite a bit more than the average crowdfunder in assessing risk, threats, opportunities, valuations, etc. Given that the biggest gripe about crowdfunding is that the green amateurs must be protected for themselves, a little guidance there might help to close the gap. No omniscience required. Just a starting point.