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Starting today “civilians” can be angel investors – should they?

5 pointsby fraXisabout 9 years ago

1 comment

apiabout 9 years ago
It would be much better for civilians to be able to invest in ETFs that invest in VC firms. That way they&#x27;re investing in baskets of startups picked by (hopefully) professionals. The odds of a single startup succeeding big are small, especially if it&#x27;s picked by people who don&#x27;t have a lot of domain expertise.<p>I sort of fear this will turn AngelList and similar into scam hellholes since the average person will be snowed more by flash than by substance. Why spend time building a product when you can spend your time building videos of a rendering of a product...