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A comment on Forget VCs, this accelerator lets you invest directly in startups fighting Covid. Parent comment

Re:Forget VCs, this accelerator lets you invest directly in ... by steventey on Tuesday July 28, 2020 @12:47PM (#23977726)
Took the words right out of my head. Personally, I'd like to see some initial signs of traction/growth before I make any investments in a startup so unless XX is able to provide me with that kind of assurance (which can be done through a very thorough and transparent DD process), I'm not sure if I'll have the confidence to make an investment, at least not for now.
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Re:Forget VCs, this accelerator lets you invest directly in ... by nicolasbistolfi on Tuesday July 28, 2020 @12:50PM (#23977766)
A $100 investment doesn't seem much and it's more like a kudos, but it is an investment. I agree that more information can help anyone determine better how to choose between startup A or B.
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Re:Forget VCs, this accelerator lets you invest directly in ... by steventey on Tuesday July 28, 2020 @01:12PM (#23978113)
That's a good point, and it reminds me of the saying - don't invest more than you're willing to lose. I'm definitely open to making $100 investments, but I guess my question was more directed towards higher risk/volume investments that might beg for a more structured DD process.
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