At 01:13 PM 12/7/2001 -0800, Vince Callaway wrote: >On Fri, 7 Dec 2001, Goldlist Cynic wrote: > > > Interesting... Seems like Doug is quite happy to get into bed with the > > HYIP guys .... > > > > As long as the money goes directly into his pocket! > >Thats a bullshit statement. > >When a new company is out raising venture capital you have very little >information on the investors.
Only if you've never been screwed before, or don't have competent advisors. Taking on investment capital is a serious step which forms a long-term relationship - and the people selling their equity in a company (directly, or through dilution) need to know who they're going to be working with, what their investment goals and strategies are, what their exit strategy is, and how they've handled previous investments .. including how they've handled disappointment or diverging business visions. None of that means that the G&SR guys are tainted with the (alleged) criminal nature of their investors, or their investors' investors - but the idea that one doesn't know (or care) about one's investors is a very bad idea. (Of course, there may be circumstances where investors make an investment in securities in bearer or anonymous form, and it's consequently difficult for outsiders to construct a clear picture of the ownership structure and relationships - but that doesn't mean that the participants themselves are, or ought to be, in the dark with respect to their business partners.) -- Greg Broiles -- [EMAIL PROTECTED] -- PGP 0x26E4488c or 0x94245961 Eliminate due process, civil rights? It's the Constitution, stupid! --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
