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Comment on Indie.vc: Unicorns Are Out, Profits Are Inparent

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I Have no experience in the US, but at least for Germany, that won't work because the fees for lawyers, notaries etc will eat that investment completely. You can usually calculate 5-10k€ in external fees only, never mind the time and energy you spend on the talks. Doing a very small round just doesn't work.

Could a tech company automate the shit out of all the toil involved with VC deals and do VC-funding-as-a-service?

At least for Germany: no. Things like notary fees are pretty fixed, and you can't do that stuff without them (well, you can, but than it'll basically be "here's money, please don't screw me as I have zero ability to enforce anything").

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