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Seems like a desperate, almost pathetic, attempt to copy fundersclub down to the exact numbers.


And since when is competition a bad thing ?


Competition is a good thing, obvious copying is lame.


No, it's not. It's a source of real revenue which most startups(including mine and yours) can only dream of.


Um, speak for yourself. And how exactly is this "revenue"? It's more like taking the obligations of a lot of naive investors' money, the kind of money you should normally ask of your friends and family (read mom and dad).


Your mom and dad (and the rest of your network) are almost certainly "unaccredited" investors. Soliciting their money will complicate the hell out of any subsequent fundraising, and exposes you to significant legal risk down the road.


There are legal exceptions for unaccredited family members. Soliciting their money does not complicate subsequent fundraising at all.




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