I have a really hard time with this. Yes, he's probably a fantastic founder and will do something great (and I hope like every other entrepreneur, he does).
But I hope that aspiring entrepreneurs raising funds realize what an incredible anomaly this type of capital raising is.
Heaven forbid we get a whole slew of entrepreneurs saying "I heard that you can raise money without a business". It's bad enough we have people running around trying to raise money for features, not even companies. This takes it back even further, which is probably fine for him, but not for the people I fear are going to take this to heart.
But I hope that aspiring entrepreneurs raising funds realize what an incredible anomaly this type of capital raising is.
Heaven forbid we get a whole slew of entrepreneurs saying "I heard that you can raise money without a business". It's bad enough we have people running around trying to raise money for features, not even companies. This takes it back even further, which is probably fine for him, but not for the people I fear are going to take this to heart.