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We're about to announce our company and do a fundraising round. Relatively small, a few million at first with a limited number of investors, then do a blockchai
by the_stc 9y ago
We're about to announce our company and do a fundraising round. Relatively small, a few million at first with a limited number of investors, then do a blockchain IPO (yes IPO - we're selling shares with control and dividends, not pointless tokens). And our market is huge with no real coordinated players, so it should be very lucrative.
Even so, I am concerned about letting just anyone put money in. Even though we are an extrajurisdictional company and the SEC doesn't trouble us, I'd like to know people putting money in have some idea what they're doing. At first we thought to limit the amount, require a minimum $1000 or $2000 purchase. But that makes it worse, I think.
What is a company in our situation supposed to do to be socially aware and not just "make the rich richer", while also making sure someone doesn't invest their last $1000? Just put up disclaimers?