Video games that can cure cancer… Computerized contact lenses… A train that travels at the speed of sound… It’s exciting to hear about far-out ideas like these when they show up in the news. But like many “big ideas,” they can be closer to science fiction than to reality.
Why the heck would Google invest $250 million into a start-up that’s basically a taxi service? Or here’s another one for you: Why would one man invest hundreds of millions of dollars trying to send ordinary citizens into space, or building a car company from scratch?
“Who are these companies raising money online?” read the email in my inbox yesterday. “Can’t they raise money the old-fashioned way?” Over the last few weeks, we’ve received several emails at Crowdability asking similar questions.
“Diversification is protection against ignorance.” That little gem comes courtesy of one of the world’s most successful stock market investors: Warren Buffett. And we must admit, Mr.
The cheerful stewardess on my red-eye to Argentina was delivering her pre-flight speech. Her soothing voice washed over me as I sat in a window seat, reading a business plan for a technology start-up on my laptop.