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Interesting take on equity crowdfunding! But I wonder if the heightened risk of equity crowdfunding compare to other asset classes, say stocks/real estate, woul
by steventey 6y ago
Interesting take on equity crowdfunding! But I wonder if the heightened risk of equity crowdfunding compare to other asset classes, say stocks/real estate, would dissuade people from investing in these startups, especially during trouble times like this? Have you been seeing a lot of investment activity since the start of Demo Day?
- jiwonharu 6y agoStartups are risky so people should not be investing with their savings account, especially during times like these! Actually we've had our strongest months ever - not sure why given the times. I think people want to support businesses and missions they care about.
- steventey 6y agoThat's a very interesting phenomenon - I can definitely see parallels between that and the stock market, with there being record number of new traders getting into the stock market in the recent months due to COVID (https://www.wsj.com/articles/coronavirus-turmoil-free-trades-draw-newbies-into-stock-market-11588158001 https://www.wsj.com/articles/coronavirus-turmoil-free-trades...). Not sure if the mindset between those new stock traders and the new investors on XX are the same though.