Sombrero
Sombrero

Angel Investment/ Crowd Funding Platform - A Maze of Risks & Red Flags

The allure of startup investment is undeniable – the chance to be a part of something groundbreaking, to nurture innovation, and to potentially reap substantial financial rewards. However, for every success story, countless tales of caution highlight the inherent risks associated with this high-stakes game.

The Due Diligence Dilemma While many angel investment/ crowd-funding platforms tout their rigorous due diligence processes, concerns linger about the consistency and effectiveness of these measures. Given that these platforms invest at a very early stage, investing in Enterprise Tech, and FinTech businesses at this stage is highly risky without the time-consuming and resource-intensive nature of thorough due diligence, it's crucial to understand whether these platforms are adequately screening potential investments to minimize the risk of fraud or failure.

Platform Self-Investment: A Conflict of Interest? A couple of angel investment/ crowd-funding platform raising money for itself using its platform raises eyebrows. This inherent conflict of interest raises concerns about the platform's impartiality and its ability to objectively evaluate potential investments.

I invite you to share your thoughts and experiences on angel investing/ crowd-funding platforms. What are some of the challenges and opportunities you have encountered? What advice would you give to others considering angel investing/ crowd-funding platforms?

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11mo ago
Kamlesh
Kamlesh

Wtf? They're raising for themselves on their own investment platform? 😂

Who's to say they didn't put in their own money (maybe cycled through elsewhere) to start a Ponzi scheme? This is extremely shady behaviour.

I avoid all investment platforms tbh, did try some of them but wasn't helpful at all. Couldn't even get decent feedback or a meeting most of the times. Absolute waste of my time.

Kamlesh
Kamlesh

Also, was this post written by chatgpt or do you usually talk like this?

Sombrero
Sombrero

Absolutely, My biggest concern is due diligence, Most of the money coming in these platforms is from Tier 2-3 cities! Shark Tank has elevated the expectations of returns from startup investments and people are being fooled..

codenerd
codenerd

Which platform's screenshot have you shared? Interested to check the platform. Is it Tyke?

Sombrero
Sombrero

It is POD, They allow startup investments starting at Rs. 20,000 per person in some cases. There is another platform called Bestvantage which has done a similar thing.

Kamlesh
Kamlesh

I wrote a review on my experience with Bestvantage actually, best avoided

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