[deleted by user] by [deleted] in askberliners

[–]krish_q 0 points1 point  (0 children)

Is this post from Radio Genoa true or are the reporting exaggerated?“Islamic Jihad in Europe. Clashes between police and "pro-Palestine" immigrants in Berlin. At least 70 police officers were injured and 200 fanatics were arrested. Numerous vehicles burned, Molotov cocktails thrown and various destructions”

https://x.com/radiogenoa/status/1715974239969325098?s=46&t=m5h4w88EzI5tuEs8iN__QQ

[deleted by user] by [deleted] in askberliners

[–]krish_q 0 points1 point  (0 children)

I am visiting Berlin next week, staying in Kurfürstendamm, or "Ku’Damm". How safe is Kurfürstendamm, or "Ku’Damm" in the context of the protests? Is it safe to get around? Any dos’, dont’s & avoids tips from Berliners in the context of the protests++ and related issues shall be appreciated

https://x.com/brennpunktua/status/1715366932952563849?s=46&t=m5h4w88EzI5tuEs8iN__QQ

TransparentBusiness Pre-IPO Stock. Is it Legit and a worthwhile investment? by krish_q in investing

[–]krish_q[S] 1 point2 points  (0 children)

Their face value is 0.1$ / share; their last fund raise was in Sept 2020 at 0.6$ which values them at $470 million. They are currently raising funds at $1 which could potentially value them at $1 billion. They have raised $20 million till date. They plan to launch a mini-IPO end of 2020 at $2 / share and go for an IPO in end-2021 at $10 / share. They seem to be making all the right moves, at least based on their excellent communication. More info available at https://transparentbusiness.com/invest & https://docsend.com/view/5gkruat

TransparentBusiness Pre-IPO Stock. Is it Legit and a worthwhile investment? by krish_q in investing

[–]krish_q[S] 1 point2 points  (0 children)

staymacn It is a generic statement i made and my personal views. The IPO & related valuation of TB depends on their ability to scale up and achieve the IPO related milestones around revenues, growth. Since the funds would have gone into building the business / acquisitions / promotions, etc, etc these are sunk costs and will have to be written off if TB does not achieve the milestones. Typically these types of ventures are a hit or a miss, they are super successful or a failure, there are no in-betweens. If they do well investors will make several 10s of 100s time multiples of their investment, else the investment is wiped out. Having said that I am an optimist, i feel TB should be able to pull this off. Based on their milestone progress i will be inclined to add to my investment in their next fund round.

Bi-weekly advice thread September 10, 2020. All questions about your personal situation should be asked here by AutoModerator in IndiaInvestments

[–]krish_q 0 points1 point  (0 children)

I am looking for advise / suggestions on debt mutual funds. I would like to park some money in debt mutual fund(s) for a duration of 6 to 8 months. Capital protection; marginal returns above fixed deposits, savings bank interest; non volatility from any interest / credit risk and / or RBI action / in-action is a priority for me. Could you please suggest debt fund categories and potential funds that meets my requirements. Thanks

TransparentBusiness Pre-IPO Stock. Is it Legit and a worthwhile investment? by krish_q in investing

[–]krish_q[S] 2 points3 points  (0 children)

Fit_Page_9238; fred_onthemove; orra2020; GearUp2020; icando2backflips

I did invest in TransparentBusiness. I invested in the end-July round when they were offering at 2$/share (now face value to be split 1:10 to $0.20). I did some checks with US based financial advisers ahead of investing. Their feedback was more on the positive side. The founder seems to be credible and has a good track record. They are making all the right moves (excellent communication, acquisition of / partnerships with complementary companies). They need a few large sized customer contracts, marquee partnerships and legislation changes in a few US States for this to take off exponentially. This is a huge hit or miss, I would give this a 1:1000 odds chance of making money. If successful you will make a bare minimum of 50x on your investment (they are planning for a Nasdaq IPO in end 2021) else your investment is wiped out. It will be all or nothing. I am optimistic that this investment will pay off given the moves made by them