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I'm wondering what kind of investors would put money into a company which couldn't raise capital through a conventional route. The only kind of investment whic
by kristianc 15y ago
I'm wondering what kind of investors would put money into a company which couldn't raise capital through a conventional route.
The only kind of investment which makes sense in this kind of scenario is one where the investors actually don't anticipate any return from the product being invested in itself, but see a cash cow in the form of a share of future income.
In which case, the comparison with payday lenders doesn't seem that far off.
Edit: The fact that this is encouraging young people in particular to mortgage their futures makes me feel worse about this.