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So this is yet another scheme where bankers grab ownership of fledgling companies at a massive discount because the visionary founders don't yet realize their c
by bugsy 15y ago
So this is yet another scheme where bankers grab ownership of fledgling companies at a massive discount because the visionary founders don't yet realize their company is worth far more than is being offered. Meanwhile press releases go out making it seem like it is some sort of non-profit charity that is doing good and the investors philanthropists.
- hugh3 15y agoHey, if you think these companies are being bought up at massive discounts, why don't you go to Pittsburgh and put your money where your mouth is? Invest 'em in yourself, at twice the going rate, and I'm sure the founders will be happy to take your money.
- schmittz 15y agoI'm absolutely confused why you have such hostility. Did you forget the premise of the organization that hosts this news board? Also, did you read the link? The funding is coming from Jon Kaplan, CEO of Pure Digital Technologies and creator of the Flip camera, not "bankers."