Chapter
Investing in Crowdfunded Companies
44:51 - 49:35 (04:44)
The best companies that are hot and growing get picked up by professional investors and crowdfunding is considered to be the bottom of the barrel companies. Investing in such companies could be unpopular and may not generate good returns.
Clips
The founder of a company cancelled out all his investors' and employees' equity, despite telling them they could keep it, when the company failed.
44:51 - 45:54 (01:03)
Summary
The founder of a company cancelled out all his investors' and employees' equity, despite telling them they could keep it, when the company failed. The speaker believes that this shows the founder's unethical attitude towards investors and would not want to invest in them.
ChapterInvesting in Crowdfunded Companies
Episode#163 - Plugins Making Millions, Gumroad's Crazy Valuation & Why a Studying App is Going Viral
PodcastMy First Million
The speaker discusses rumors and hypothetical conversations behind the downsizing of some ventures while stating that the expectations of the company may have been too high, causing a need to restructure or cease operations altogether.
45:54 - 46:45 (00:51)
Summary
The speaker discusses rumors and hypothetical conversations behind the downsizing of some ventures while stating that the expectations of the company may have been too high, causing a need to restructure or cease operations altogether.
ChapterInvesting in Crowdfunded Companies
Episode#163 - Plugins Making Millions, Gumroad's Crazy Valuation & Why a Studying App is Going Viral
PodcastMy First Million
Evaluating startup valuations can be tricky, especially if the company has sub 10 million in revenue and about 1 million in profit.
46:45 - 48:00 (01:14)
Summary
Evaluating startup valuations can be tricky, especially if the company has sub 10 million in revenue and about 1 million in profit. It's important to make sure you're getting paid for the risk you're taking.
ChapterInvesting in Crowdfunded Companies
Episode#163 - Plugins Making Millions, Gumroad's Crazy Valuation & Why a Studying App is Going Viral
PodcastMy First Million
Crowdfunding is often the last resort for struggling companies, and the most promising ones are usually funded by professional investors.
48:00 - 49:35 (01:35)
Summary
Crowdfunding is often the last resort for struggling companies, and the most promising ones are usually funded by professional investors. Relying on crowdfunding may lead to unwanted scrutiny and limitations.