Author Topic: Time for some proper due diligence/ independent auditing in our communities  (Read 156669 times)

Offline yuneeq

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Not sure why it's fair to have this discussion in this thread.  Startups have risks and he is entitled to raise money.  And he definitely has a history of building something big. To bring skepticism to someone's business without fair reason is simply not ok

(I have no relationship to the guy or to his business,  nor have I invested)

ChĒv I didnít call anyone a scammer. The title of this thread is about due diligence and like you said itís extremely high risk here. Money shouldnít be raised from fellow yidden on LinkedIn, the only reason it is, is because he is not been able to get a single fund that specializes in this stuff to invest.
Visibly Jewish

Offline Fish Tank

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First of all I have started a business by bootstrapping it and I am in middle of starting another one now bezíh.
Tech-startup? Or a service business?

Online Afrages6

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Tech-startup? Or a service business?
Service businesses. But I have been involved in a few tech startups as well. No one raised 25+ million in F & F seed money. Maybe 5 million but the next round is always from a fund.

Offline Yehudaa

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