Comment by xyst
2 years ago
What you need to do is launder your “app/concept/vision” through “high profile individuals”.
Ideally, get someone with a high level of influence to invest or just get them on your board. Having their name in the decks increases future investment by vulture capitalists by at least 420%. Once VCs see those names, their typical DD process goes out the window. All they see is the name and gamble millions/billions just because of this.
Some notable examples of this are “theranos”, “ftx”, “frank”. Shit it even stretches back to the 1990s with infamous con artists like Jordan Belfort or Bernie Madoff.
Remember those college frat bros that cheated off you? Those frat bros and sorority sisters are often connected to high wealth individuals. Higher chance of this at “Ivy League” universities.
Remember. It’s not what you know. It’s WHO you know ;)
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