Off-Topic Start Up Investments

[ChoadCane]

Any of you guys ever do a crowd sourcing investment? Did it go well? Decided to throw into Boxabl. Definitely high risk but seems high reward as well.

 

[SpikeUM]

As long as you can handle potentially losing it all......

 

[ChoadCane]

As long as you can handle potentially losing it all......

Yeah that's a big part. Might end up a big nothing burger. I personally don't feel like this particular investment would fail though.

 

[SpikeUM]

your typical crowd sourcing deal has little due diligence done and is not SEC registered. As risky as spacs are, crowdsourcing is even riskier.

I looked at the deal, and there are numerous other companies in that space. Hope you make a lot of money, but its not for me.

 

[CFLCane]

I definitely think the tiny home/prefab style house has a bright future but there are so many zoning hurdles to overcome in urban areas. You can't just put those homes anywhere unless you're in a rural area.

 

[SpikeUM]

I definitely think the tiny home/prefab style house has a bright future but there are so many zoning hurdles to overcome in urban areas. You can't just put those homes anywhere unless you're in a rural area.

The deals I have seen in this space are for poorer countries overseas, and the math from an investment pov is dismal.