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I consider this to be a horrendous idea when it comes to funds with a 'burn rate'. Not to mention that I would personally be completely outraged as a VC/Angel i
by DanLar75 16y ago
I consider this to be a horrendous idea when it comes to funds with a 'burn rate'. Not to mention that I would personally be completely outraged as a VC/Angel if I invested in a start-up and they turned around and speculated on the stock market with the funds they received.
- skoal49 16y agoHey, take it easy. Don't blow a gasket. No need to mod me down to oblivion. The guy was asking for opinions. I suggested an option, for him to park the money somewhere. It's not the only option in the room. And the return rates are slightly better than the non-existent interest rates out there now. But considering he has a burn rate, then no, this would not be so wise. And the annual returns from the money, is not very high anyways. So it's not worth the risk. So maybe he should just put it in a CD, ING, or just stuff the money under his mattress.