Summary: With all the media coverage Grow VC has got, we thought it would be appropriate to address central arguments and criticism regarding our model, as it comes up in discussion on a regular basis. In this episode, we focused on the article “Meet Your New Competition” in July’s edition of the Venture Capital Journal. We covered legal aspects, the SEC and regulatory issues, online fraud, representation and shareholders and so much more. If you’ve ever wondered about the model, sceptic or optimist – listen to the episode to get an insight into how the model actually works. Listen to the Podcast below. Here’s some quotes from the episode: “We spent a lot of time on legal due diligence, about a year or so..” “If everything is legally fine at that point, it’s only when the actual investments happen” “Valto, do you think it’s a realistic outcome, getting screwed?” “A lot of the conversation is around the US market and US legislation, but the fact is that the world is a lot bigger than only the US market..” “.. it lives in a theory of how it can work, but it doesn’t really exist until it starts to happen..” “.. having been too early many times with a couple of my startups, sometimes years before when the actual market started to grow, I have the same feeling with Grow VC and crowd-funding.. luckily we have already used two years..” “if you think about how venture capital actually works.. I think it’s just a huge bottleneck of innovation..” Read the related post: Grow VC Model In Full Detail
