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They’re not selling you anything, they’re raising money. I’m sure investors are getting the details after signing NDAs.
by empath75 7y ago
They’re not selling you anything, they’re raising money. I’m sure investors are getting the details after signing NDAs.
- oplav 7y agoI was under the impression that potential investors usually don't sign NDAs.
- edoceo 7y agoCorrect. Or rather, I've never seen it. Some are even offended when asked. N=~150
- bretpiatt 7y agoInvestors do not often sign NDAs covering "ideas", they will sign (and will often ask you to sign) NDAs with scope limited to investment terms and due diligence information.
- empath75 7y agoProbably depends on how much leverage those seeking funding have.
- zelon88 7y agoThey're converting Twitter fame into capital funding. Not having a product means you technically don't have an obligation to deliver anything in return for that capital.