Let’s cut right to the chase… The gift we promised you two weeks ago is finally ready! Based on hundreds of your survey responses, most of you asked us to weigh in on the Abe’s Market deal being featured on OurCrowd.com.
Imagine yourself sitting in a high-backed leather chair in an oak-paneled office. The year is 1905, and the first Ford Model-T’s have started to dot the road.
When we hear about “startup investing,” we generally think of the big paydays that occur when an early-stage company is acquired or goes public – like Google, Facebook or Tumblr. And historically, it’s true: profits from early-stage investing have come from “exits” like an IPO or a big acquisition.
Every once in a while you come across an opportunity that seems like a “sure thing...” An opportunity where it feels like you’re looking into a crystal ball – where you can see the future playing out before your eyes.
Once or twice in every generation, a new invention will change the trajectory of entire industries – the assembly line during the industrial revolution, for example, or the Internet in the ‘90s.
In 1884, the folks erecting the Statue of Liberty ran out of money. Joseph Pulitzer, a big shot publisher, took to his “New York World” newspaper and encouraged Americans to donate so Lady Liberty could be completed.
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?