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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Equity Crowdfunding, Wall Street's Latest Cash Grab" video.
He is one of many Ponzi schemers in this space
6
That's true of all equity funding
5
Not always. Venture capital wants moonshots while crowdfunders want the product. VC firms won't look at you if you want to make bicycle accessories for instance
4
Bot detected
3
You're not including the value of the land and cost to harvest
3
No.
3
A lot of these crowdfunding places are offerring 20% discounts due in half a year. That's four times the return of the market and justifies four times the risk.
2
"Accredited investors" are rich chumps that no one cares about. And the fewer disclosures of crowdfunding is a necessary step to get people to read the disclosurers
1
Not quite lottery, that's 0DTE long options. More like panning for gold odds
1
Not always
1
He's never touched it that I know of and dismissed it as a ponzi scheme a while back
1
The difference is target audience, but a downside of crowdfunding is it doesn't allow investment in mature firms
1
They're just legal loan sharks
1