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>Unlike the 90s and dotcom companies, there are few if any tiny AI stocks that offer huge returns. The number of (legitimate) publicly-traded internet-related
by sb057 3y ago
>Unlike the 90s and dotcom companies, there are few if any tiny AI stocks that offer huge returns.
The number of (legitimate) publicly-traded internet-related companies in the late 90's that were accessible to the average investor was also incredibly small. Legitimate small companies are rarely traded on exchanges in general, as they have no reason to solicit investment from the general public. It's the same phenomenon behind crowdfunding; if you have a legitimate product in development, you can simply convince a conventional lender to loan you the initial capital.
- anonymouskimmer 3y agoIn this context I see crowdfunding as a cheap way of gathering data of breadth of interest in your product that can be taken to a conventional lender. Otherwise I completely agree.