I am considering making an investment in Fountain through the lightning ventures funding opportunity. Anyone else looking into this? I am thinking a small amount, maybe 2k or so.
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10 sats \ 1 reply \ @Wumbo 17 Mar 2023
A couple question I would have before investing:
- Is there any KYC?
- What type of equity is one getting in Fountain?
- They have a $1,000 minimum investment, would they take $1,000 of Sats?
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2 sats \ 0 replies \ @grayruby OP 17 Mar 2023
Yes there is KYC. I will make a follow up post with more detail once I get clarification on the how the equity would work as it is a syndicate and I haven't participated in one before. Pretty sure they are only taking USD investments but if wrong on that I will clarify in post. Try to have something up on Monday.
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0 sats \ 0 replies \ @muteness11 17 Mar 2023
I have been covering Lightning Ventures for a while, the companies they invest in are solid
As for Fountain, their app was clunky but in the last month they have made huge improvements on the UX level .... for a team of 3 (used to be 1) ... they show great potential
when you invest in a company, you really invest in its founders ... I suggest you listen to Oscar (on Kevin Rooke pod) to get a feel of where they are and their future plans and most importantly their ability to deliver
Best of luck!
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0 sats \ 2 replies \ @WeAreAllSatoshi 17 Mar 2023
2k sats?
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0 sats \ 1 reply \ @grayruby OP 17 Mar 2023
Haha no 2k cuck bucks
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0 sats \ 0 replies \ @grayruby OP 17 Mar 2023
It's a $1,000 minimum.
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0 sats \ 1 reply \ @Eximpius 17 Mar 2023
Fountain is not on LV. Foundation is
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0 sats \ 0 replies \ @grayruby OP 17 Mar 2023
https://fountainpodcasts.substack.com/p/invest-in-fountains-latest-funding?utm_source=substack&utm_medium=email
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