Aeronaut wrote:
unfortunately for small research companies, an investment fund manager would rather have one $100M account than one hundred $1M accounts.
Thus the appeal of a micro-funding network of 1M $100 investors. Buy low, sell at IPO prices. :coolsmile:
:cheese: Such numbers are much easier to enter into a spreadsheet than to actually achieve.
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Step 3) convince the participating institutions that the FF process is viable.
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Step 6) Persuade target public that you’re trustworthy.
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Step 9) Go to step 6.
etc.