That was a good one Mike. 😂 Did you also invest in Seedrs back in the day?
I face the opposite problem. I used to be a professional investor, so founders know you have the money.
Founders assumed I didn't understand or didn't care about money, so asked for unrealistic amounts of investment and seemed perturbed when I ran the numbers with them to show them they couldn't afford it.
The funniest example was this one:
https://mikehardcastle.com/2016/01/13/the-founders-a-test-of-common-sense/
Discussion
I built a crowdfunding site called Privex (Private Exchange) back in 2007, sold it to a Chinese firm as a secondary market place.
It removed the concept of shares and replaced it with % shareholding, preventing unauthorised dilution. I also created a ZOPA market (Zone of Possible Agreement), meaning auto matching of buy and sell orders.
I did invest in IncuBus thru Seedrs, which was a startup Incubator based on a bus.
I still own the bus 😂
