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You Too Can Invest in a Startup Likely to Go Bust (bloomberg.com)
2 points by georgedrummond 3515 days ago
1 comments

> 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?