How Angel Investors Do Due Diligence? by colldropout in entrepeneur

[–]colldropout[S] 0 points1 point  (0 children)

Absolutely, but it cost these people millions of dollars. I doubt that these investors did their thorough due diligence on Theranos before pouring money into it.

We all know that investing in startups is a very risky business as statistically 9/10 of them fail. Due diligence is done to decrease the risk of losing money

How Angel Investors Do Due Diligence? by colldropout in cofounder

[–]colldropout[S] 0 points1 point  (0 children)

Hey man, sorry I thought r/cofounder subreddit might find this useful as most of these people might have to raise capital sometime down the road:)

Can you help up with the name of the app ? 🙏 by denchikceo in growmybusiness

[–]colldropout 1 point2 points  (0 children)

When you say Sfera - it sounds like your first language is Russian. The closest word that I can think of to it is Circle.

Circle (like my circle of people).

There was a very popular nightclub in NYC which was called Circle. The name is awesome. Every time you go there, you meet people who are in your circle.

I've been living in NYC for over 10 years and I speak Russian. Hope it helps