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Re:FundersClub's Stance on General Solicitation by 7Figures2Commas on Thursday September 26, 2013 @10:18PM (#6454878)
> For example, we have already observed many instances where opportunities made available this week via general solicitation are being offered at different terms compared to what institutional investors like FundersClub are buying in at or seeing privately, with no disclosure made to the public investors that they are receiving worse terms.

Wait a minute. You mean to tell me that the professionals aren't buying in to pre-revenue startup convertible note deals that offer $10 million valuation caps and 2% interest?!?

Who woulda thunk?

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