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This Week in Startups
Crowdfunding - I Don't Mind Losing Money
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Dennis O'Mara: I have ten thousand people in the syndicate dot com. You know it like, i've done 265 deals, i think now s peves i've done more than any individual angel. And really, it's people don't mind losing money. What people get upset about is if they didn't get up dates from the investors. So that's why we put in our contracts with our founders, hi, we'll give monthly up dates. We might ask for quarterly. If it's yoar five of the company, we might ask for monthly up dates in the first two years and be happy if we get six or seven k to this day.
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