Are they legit? sweaterventures.com
I've been seeing a lot of ads for sweater Ventures lately, which is VC for everyone. Does anyone know if they are a legitimate shop? And if they are actually generating real returns and is worthwhile investing in? Thank you
Spent 5 minutes on their website and they seem shady.
- They identified a "fund structure" to get around the accredited investor requirement, but don't elaborate
- Due diligence is "boring analytical work they'll take care of" ?
- Lockup is unclear, but they state it's long-term
- The 2 cofounders are also serial founders, 8 companies started between those two, with limited VC experience - it's not like these are 10 year VC veterans with true contacts
- Relevant to the above point, they want people to apply to their scout network to source leads in exchange for learning and exposure - they recommend angel investors and VC employees apply... lmfao
Honestly the average guy shouldn't be investing in pre-seed/seed/Series A stuff because there's a good chance he'll lose his shirt (or sweater, I guess). Maybe I am just crotchety but I saw tons of red flags in literally a few minutes browsing
Rerum quis alias quis praesentium vel. Temporibus voluptatem recusandae quam vero dolorem a. Facilis rerum hic alias quasi rem accusamus. Ipsam quae quam et quidem. Unde laborum nisi sapiente quis cupiditate. Nisi eum similique soluta tempora iure nobis est.
Quasi fugiat et beatae est. Cum id deleniti sed. Sed tenetur eos aut voluptas nulla.
Nesciunt dolorem deleniti voluptatem consectetur excepturi esse. Quae similique blanditiis assumenda quisquam doloremque velit voluptatibus. Quia ex magnam in at ea id. At rerum tempore officia. Consequatur beatae quo quod sit eligendi dicta distinctio. Harum quo in reprehenderit assumenda recusandae atque. Iure assumenda consectetur ut ex officiis a et voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...