I've been investing for 20+ years. I'm at a point where my retirement goals are being met so I can start investing in diversified options other than equities.
One thing I've noticed is names like Mark Cuban, Kevin O'Leary, etc keep popping up as investors in many of these ventures. I'm doubtful that theses guys have taken the time to do a lot of DD on these companies (maybe they have?). It just seems like a new company looking for capital can give these guys equity cheap to add their names as investors as a marketing tool to attracting additional investors.
Is this what is going on or are these guys genuine stakeholders?
Submitted December 31, 2020 at 07:20AM by NickBurnsComputerGuy https://ift.tt/3827BZi