Question: The Question ( s ) : What is it about these investments that allows for them to be coined as foolish? What are these derogatory

The Question

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What is it about these investments that allows for them to be coined as foolish?

What are these derogatory terms "foolish" and "dumb" trying to convey about these financing transactions?

If equity investments in early startups in the form of non

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voting common shares are considered dumb, then what alternative investment would you recommend for the friends and family? Be specific about the particular form of the investment your recommending for friends and family?

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