You Too Can Invest in a Startup Likely to Go Bust

You Too Can Invest in a Startup Likely to Go Bust(bloomberg.com)

2 points by georgedrummond 9 years ago | 1 comment

svantana 9 years ago |

> Wool In The Gang, a supplier of knitting kits, was acquired for about the same price that investors put in; Crowdcube backers got a gift certificate in lieu of payment.

This had me scratching my head. Why would anyone invest in a company if you're not even guaranteed payout in the (already unlikely) event of an acquisition?

svantana 9 years ago |

> Wool In The Gang, a supplier of knitting kits, was acquired for about the same price that investors put in; Crowdcube backers got a gift certificate in lieu of payment.

This had me scratching my head. Why would anyone invest in a company if you're not even guaranteed payout in the (already unlikely) event of an acquisition?