What does self-crowdfunding mean? I think you might just want to say you're crowdfunding your Series A.
I found it weird that I couldn't immediately see how much you were looking to raise, what the terms were and how much you've raised so far right from that page. I found on the deal terms page that you're doing it at a $16M pre-money valuation, but I'd still want to know the other numbers.
What do most people put down for that? We have effectively infinite time horizons for our investments at YC and we're always worried when investors come to us with expectations of returns that are short of many years. The way you've set it up, it makes it seem like shorter expectations for returns are what investors should expect on this platform. I know, probably a subtle conclusion, but still. Good investors think long.
It's nice to know that I was confirmed right away, but it would have been nice if you took me back to the deal I was trying to look at when you forced me to sign up.
Basically, I had to go check my email. Click it. Go browse investments again. Find yours. Click on that page and then to the deal room (since I'm trying to get more numbers) and I hit this at the bottom of the page:
Why do I have to request it? Why don't you just give it to me? Now I have to wait again. You're making me work way too hard to figure out how to give you money. I'm concerned that you're forcing me into this flow so you can measure this activity over doing what's best/fastest for making an investment just happen. Of course, now that I have an account, I'm sure further investments on this platform will be easier, but still. I didn't love this process.
This all being said, the best way to attract the best investors is to have the best startups. If you have that, people will jump through your hoops. Thanks for sharing and good luck on your round!
I found it weird that I couldn't immediately see how much you were looking to raise, what the terms were and how much you've raised so far right from that page. I found on the deal terms page that you're doing it at a $16M pre-money valuation, but I'd still want to know the other numbers.
https://invest.onevest.com/dealroom
As I signed up, I laughed at this question:
http://cl.ly/image/2E3H2Z2V0V3R
What do most people put down for that? We have effectively infinite time horizons for our investments at YC and we're always worried when investors come to us with expectations of returns that are short of many years. The way you've set it up, it makes it seem like shorter expectations for returns are what investors should expect on this platform. I know, probably a subtle conclusion, but still. Good investors think long.
It's nice to know that I was confirmed right away, but it would have been nice if you took me back to the deal I was trying to look at when you forced me to sign up.
http://cl.ly/image/0D1d302g3J3T
Basically, I had to go check my email. Click it. Go browse investments again. Find yours. Click on that page and then to the deal room (since I'm trying to get more numbers) and I hit this at the bottom of the page:
http://cl.ly/image/291U1E2S071H
Why do I have to request it? Why don't you just give it to me? Now I have to wait again. You're making me work way too hard to figure out how to give you money. I'm concerned that you're forcing me into this flow so you can measure this activity over doing what's best/fastest for making an investment just happen. Of course, now that I have an account, I'm sure further investments on this platform will be easier, but still. I didn't love this process.
This all being said, the best way to attract the best investors is to have the best startups. If you have that, people will jump through your hoops. Thanks for sharing and good luck on your round!