Quote:
Originally Posted by Big-Bucks
Do you think the investors who gave those 2 Palm Springs Air BnB squatters $40,000 in crowd funding money are gonna get their money back? No way!
I have no dog in this fight. Go ahead and invest in private equity if you think it's so safe and guaranteed! At this point I'm posting to warn others. Here's a link that spells it out in more detail...
Investing in private equity |
They don't get the money back, most often they get product and depending on their amount given, they will get some credit or thanks for it. Take documentaries on Kickstarter for example. You pay X amount you get a producer credit while you may even get higher credits for more money. Similarly, I know one comic that depending on how much you pay into it, you may get featured in a panel or even a page while the initial Kickstarter amount will get you the issues. It's not the typical angel investor/venture capital proposition. The sooner you realize it, the sooner you may learn to understand crowd sourcing.
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