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Tom Chi | Understanding Investment and Fundraising

Foresight Institute Radio

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Crowdfunding Is a Mixed Bag

A number of people that can't get capital in other ways do it through a crowdfunding mechanism. There's like a huge unfinanceable golf and what they've already promised. So many hardware kickstarters never end up existing. They raise the money and then the product is never delivered because most of them do not know a bunch of the basics about how to go construct the financial operations of that business.

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