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?