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Sunday, September 7, 2014

...it's STILL a scam though!



Crowd-funding a company?

That's just a way to get people to give you money without ever having to deliver ANYTHING in return!

If every bank, investor and venture capitalist out there turned them down, why on earth would I invest in them?

And if they DIDN'T pitch this to those people, then... they don't know how to DO STUFF.

Bottom line? If you're going to give someone money in order that they start something that's going to make THEM fabulously wealthy if it works, you'd better ask for something other than a coffea mug in return, like (1) your money back, with interest, or (2) equity in the project and a share of the profits.


1 comment:

  1. Scammers come up with the craziest ideas these days. It is hard to believe that people still fall for the ridiculous e-mail scams in circulation all over the web.

    ReplyDelete