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You Too Can Invest in a Startup Likely to Go Bust

bloomberg.com

2 points by georgedrummond 9 years ago · 1 comment

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svantana 9 years ago

> Wool In The Gang, a supplier of knitting kits, was acquired for about the same price that investors put in; Crowdcube backers got a gift certificate in lieu of payment.

This had me scratching my head. Why would anyone invest in a company if you're not even guaranteed payout in the (already unlikely) event of an acquisition?

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