3 ms·
> There is no way to answer your question in a way that will satisfy you. Most startups answer this question quite well. I am hardly asking for something diffi
by landryraccoon 9y ago
> There is no way to answer your question in a way that will satisfy you.
Most startups answer this question quite well. I am hardly asking for something difficult. What's special about this one? Uber, despite the grey areas in it's business, is legally bound to it's investors. It's founders are not anonymous and can be held to their agreements.
> It's always a risk. But investors choose whether to take that risk.
Usually the risk is that you will lose money if the business fails and make your money back if it succeeds. In this case, the business has no rational reason to pay you anything even if it succeeds. Most startups fail, but for this one, none of it's founders has any skin in the game. They don't even suffer a hit to their reputation if they walk away, because they're anonymous!
> The best way to assuage your concerns is to hop on Slack and talk to him. He doesn't make himself hard to talk to.
Is this your standard? Jordon Belford would have passed this with flying colors. Anyone who is any good at sales knows how to sound honest despite the veracity of their sales pitch.