3 ms·
> despite the relatively unfavorable terms for investors This is a concern that I have around equity crowdfunding in general, and I hope this situation doesn't
by nrmitchi 6y ago
> despite the relatively unfavorable terms for investors
This is a concern that I have around equity crowdfunding in general, and I hope this situation doesn't go poorly and ruin it for everyone.
The terms as described here are eerily reminiscent of the Toptal story, where at the time many defending Toptal saying "VCs should have known better". Does that same defense apply to a group of individual investors who were (apparently) limited to a maximum 1k check size?
There was a lot of hype around this investment, which convinced a ton of people to try to get in on it, but I'm legitimately worried that the masses don't understand the actual terms of the round