Can you show any proof? I can tell you that I have 10000% annual return, would you believe me?
We can, but not to everyone. The reasons are simple, you are a smart guy, and should understand them. In order to show you our annual return, we will have to share with you all Capinvest 21's projects incomes (meaning startups). Only existing investors of the company are allowed to monitor it, due to the fact that mostly it's not only ours to show, and there are signed NDA agreements with each company. So we just can't give you the full information. You can study our company, our work, 10 years of which would leave some traces and would have some reputation, don't you think?
How you will decide which one is legit if you don't have any skills in crypto and programming?
Well, an owner of a plant doesn't have to be an engineer. We are experts in venture investments, what you refer to are technical aspects, which are only about 30% of possible startups future success, even if it is a blockchain project. One of the main things that differ a private investor's approach from the fund's is the fact that the first one can try to understand a project's code, study out cryptography etc; while the fund would investigate the team, study the market's history and analyse financial model. A project might have an excellent cryptography, but lack the right means of presentation to the audience and simply fail. Moreover most of the startups don't even have MVP, so there's nothing even to study. The times when we need to figure out all of project's technical sides, we hire outsource specialists.
How you would "help" the developers? (This one is actually very interesting)
There are no programmers in our team, so we don't help the developers with technical stuff. If you want to drive a car, you don't have to know how its engine works. We help startups with all other issues - marketing, team building, stratigic management, introduction of products to the market, legal affairs and accounting. You can contact our portfolio companies and ask them yourself: what is it that the fund does to help, apart from giving money. Shouldn't be a problem for you, you speak both Russian and English. And by the way, if developers need any help, we find them any experts they need for this help. We do not write codes or anything else ourselves.
Great idea!
Thank you!
Oh boy, this is going to be hilarious.
We would appreciate you having some useful criticism, not childish incomprehensible sarcasm.
So scammy for the venture fond, lol.
If you think that all of the venture fund are scam - we can't help you. Our model is no different from any other successful venture fund. If you want guarantees on paper, it's the wrong way to get them. You need bank deposits for that, for example.