I've been investing in a few startups through AngelList. On the platform you can invest in startups, through a special purpose vehicle which invests in the startup via a SAFE.
Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all.
This made me question the platform. How do I even know these leads have invested my money in the startups they say they have?
Recently a syndicate lead posted such a clueless update on a startup (claiming their product passed a milestone it clearly did not, based on just reading their public updates), that I started doubting whether they've actually invested in it at all.
This made me question the platform. How do I even know these leads have invested my money in the startups they say they have?