throwaway4me

Re:Help from HN: Investor wants to sue me on Tuesday May 17, 2011 @01:57PM (#2557178)

Hi - thanks for replying, much appreciated. No, he invests in anything that can make him money (property, clothing etc). He has maybe two or three tech investments.

You're absolutely right about taking money from experienced angels, I'd add always take money from somebody who understands the sector. Seems obvious, I know.

Help from HN: Investor wants to sue me

Posted by throwaway4me on Tuesday May 17, 2011 @01:45PM
from the self-post dept.

Hi all,Throwaway here. I'm 21, I raised investment from an angel when I was 18 (or 19) - <£100k, but a decent chunk of money. I raised this money in the days before I knew how stuff worked, and before I'd "learned my lessons" like, outsourcing your software dev rarely ends well. Hindsight is a fabulous thing.Fast forward to now, we're 2 years into the investment, the money ran out 6 months...

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