i fear if you're a sort of founder, there are a couple reasons why you wouldt look to raise money on mine. The first is that fun rising is a huge panthe ass; ll se o it like, ends up taking the vast majority of your mind space. And so having a platform where you already have 650 thousand investors and a lot really, like, very connected former cos and people, is pretty valuable. It can' make your process more efficient.
The Sunday Times’ tech correspondent Danny Fortson brings on Ryan Feit, co-founder of SeedInvest, to talk about creating the Robinhood for private startups (3:45), working at Lehman Brothers before the recession (6:45), scratching the entrepreneurial itch (12:45), business school (16:30), the idea for SeedInvest (18:30), getting a law passed in Congress (20:20), making the regulator’s job harder (28:45), pondering giving up (31:45), finally getting regulations passed (34:20), the average SeedInvest investor (37:50), what’s in it for founders (42:10), and frothy markets (46:40).
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