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A comment on A family member wants to invest $25k into our startup, what do we do now?. Parent comment

Re:A family member wants to invest $25k into our startup, wh... by mattmaroon on Wednesday September 24, 2008 @11:00PM (#314456)
That doesn't mean anything. The statistics on successful businesses might easily show that businesses that took money succeeded far more often than ones that didn't. And the overall statistics clearly show them to be +EV.

Just because there is a high failure rate doesn't mean the funding is not worth it for both parties.

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Re:A family member wants to invest $25k into our startup, wh... by trapper on Thursday September 25, 2008 @04:24AM (#314664)
A high failure rate means the poster should take much more care taking money from someone he will see for the rest of his life.

If the plan to make money is good, it's easy to get money, so why risk it? It's already a huge risk without involving your family.

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