We are not typically investing in ideas we're looking to invests in businesses. So we're looking for companies where there is more than one person, there's a real founding team at full time dedicated to it. Ah missrs, you know, we take away some of that product risk. We're looking for some proof of ttraction. It could be customer contracts, if you're consumer fac and company. Could be usurers and user grow ther could be, obviously, revenue,. But we're not taking the onan avgan riskright?
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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