Ask HN: Is AngelList Legit?
I've been investing in a few startups through AngelList. On the platform you can invest in startups, through a special purpose vehicle which invests in the startup via a SAFE. Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all. This made me question the platform. How do I even know these leads have invested my money in the startups they say they have? 1 comments on Hacker News.
I've been investing in a few startups through AngelList. On the platform you can invest in startups, through a special purpose vehicle which invests in the startup via a SAFE. Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all. This made me question the platform. How do I even know these leads have invested my money in the startups they say they have?
I've been investing in a few startups through AngelList. On the platform you can invest in startups, through a special purpose vehicle which invests in the startup via a SAFE. Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all. This made me question the platform. How do I even know these leads have invested my money in the startups they say they have? 1 comments on Hacker News.
I've been investing in a few startups through AngelList. On the platform you can invest in startups, through a special purpose vehicle which invests in the startup via a SAFE. Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all. This made me question the platform. How do I even know these leads have invested my money in the startups they say they have?
Hacker News story: Ask HN: Is AngelList Legit?
![Hacker News story: Ask HN: Is AngelList Legit?]()
Reviewed by Tha Kur
on
April 02, 2024
Rating:
No comments: