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Offering stock instead of money for goods and services to your friends is risky. If the stock becomes worthless (which is very common for startups), your friend
by 8_hours_ago 12y ago
Offering stock instead of money for goods and services to your friends is risky. If the stock becomes worthless (which is very common for startups), your friends may not be your friends anymore. Of course, that doesn't mean much for an investment as small as a $100 drafting table, but losing your life savings is devastating.
- ryanburk 12y agothanks. totally get the life savings risk - the risk to the investor. I read it as risk to the company, so didn't know how this would be any riskier than standard round raises.