42 ms·
That's not the point of the article, I think. It's not that FB is unfair because it's a better investment opportunity. It's that by going outside the usual fr
by alex_c 16y ago
That's not the point of the article, I think. It's not that FB is unfair because it's a better investment opportunity. It's that by going outside the usual framework, such deals have an advantage - by virtue of less overhead due to regulation - over deals that play by the "rules".
I don't know enough about financial regulations to judge whether that's true, but that's the meaning I took from the article.
- gojomo 16y agoOther massively-attractive deals could also improvise their own new frameworks... so it still reduces to: if you're offering a hot deal, you'll be fine one way or another. By testing new arrangements, and creating liquidity for new angels, this kinds of deal also broadens the ecosystem for other ventures.