So my pre-launch company is taking off and in the next 5 years we’ll be a Unicorn. VC’s and Angels want to throw money at me but not sure who I should pick.

For context - we’re building “Robinhood” for startups - and allowing anyone to become an Angel investor.

You can become an early adopter below:

https://www.wevc.app/?referralCode=okjoq27&refSource=copy

  • rand1214342@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Red flags galore. There are very strict rules about how startups can raise money, how they can publicly disclose a raise, how shares are sold, etc. That in itself isn’t a red flag, Angel syndicates are a thing and billions have been raised through them. What’s concerning to me is your statement that you’ll inevitably be a unicorn is not something somebody would say who’s intimately familiar with VC/angel fundraising.

    What is your key insight here? Are you a VC lawyer who drafted a new legal framework for startup fundraising? Do you have a giant Rolodex of startups and investors? Have you considered all of these potential roadblocks?