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by steventey 2147 days ago
Interesting take on equity crowdfunding! But I wonder if the heightened risk of equity crowdfunding compare to other asset classes, say stocks/real estate, would dissuade people from investing in these startups, especially during trouble times like this? Have you been seeing a lot of investment activity since the start of Demo Day?
1 comments

Startups are risky so people should not be investing with their savings account, especially during times like these!

Actually we've had our strongest months ever - not sure why given the times. I think people want to support businesses and missions they care about.

That's a very interesting phenomenon - I can definitely see parallels between that and the stock market, with there being record number of new traders getting into the stock market in the recent months due to COVID (https://www.wsj.com/articles/coronavirus-turmoil-free-trades...). Not sure if the mindset between those new stock traders and the new investors on XX are the same though.