I like the idea, but there will always be anomalies that crop up. So just as Google is always fine-tuning their algorithm, so must YouNoodle. Only God knows what will really happen and it sounds like there is an over-emphasis on the Social Proof of those associated with a startup. Opportunities exist that can present themselves to anyone.
It says: "YouNoodle aims to make the prediction right before the first round of funding for a company."
What happens if a company can't or doesn't raise capital? If there were a tool on the site like the just launched http://webequity.com.com.auhttp://bit.ly/3lZTZa, these startups could still launch whereby the team is paid with equity in the startup instead of cash.
Also, with the valuations in place, tools could be provided to raise money by way of small payments from investors who would also use the site. Alternatively, tools may exist to simply locate such investors with the financial exchange to take place off-site. Such investors may co-invest alongside a high-profile investor who leads the round and who takes an active role in monitoring and working with the company. In this way, a company can uphold its valuation by enabling many diversely sourced investors to access a round who are prepared to pay a premium to access such an investment that they would otherwise not be able to find or participate in, and are likewise also willing to forgoe any board seat claim.
Comments
I like the idea, but there will always be anomalies that crop up. So just as Google is always fine-tuning their algorithm, so must YouNoodle. Only God knows what will really happen and it sounds like there is an over-emphasis on the Social Proof of those associated with a startup. Opportunities exist that can present themselves to anyone.
It says: "YouNoodle aims to make the prediction right before the first round of funding for a company."
What happens if a company can't or doesn't raise capital? If there were a tool on the site like the just launched http://webequity.com.com.au http://bit.ly/3lZTZa, these startups could still launch whereby the team is paid with equity in the startup instead of cash.
Also, with the valuations in place, tools could be provided to raise money by way of small payments from investors who would also use the site. Alternatively, tools may exist to simply locate such investors with the financial exchange to take place off-site. Such investors may co-invest alongside a high-profile investor who leads the round and who takes an active role in monitoring and working with the company. In this way, a company can uphold its valuation by enabling many diversely sourced investors to access a round who are prepared to pay a premium to access such an investment that they would otherwise not be able to find or participate in, and are likewise also willing to forgoe any board seat claim.