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So here's a question... with the new rules around fund-raising, why wouldn't he just throw up a box to this side of this article that says something like: "By
by jasonkolb 13y ago
So here's a question... with the new rules around fund-raising, why wouldn't he just throw up a box to this side of this article that says something like:
"By the way... now that you've seen our numbers, if you're interested in a buying a small piece of equity in our company, leave your email address and we'll let you know terms."
Is there any downside to an approach like this? Setting your own terms and then selling equity if you find people interested?
- obiefernandez 13y agoIn this particular case, they probably still don't need the money.
- adventured 13y agoThe downside is, you still have to deal with investors and all that comes with them. Dealing with a lot of small investors is often a much bigger headache than dealing with one or two large investors. Taking on ... 300 small investors is a nightmare. They require far more work on average per dollar invested than larger investors do.
- majani 13y agoMany countries have rules against publicly recommending a stock without a proper certification
- melvinmt 13y agoPublicly advertising an investment opportunity is simply not allowed.
- jasonkolb 13y agoI thought the recent rule changes allowed this now... isn't this what Angel List is essentially doing?