I'm very excited to see this beta version of the stackexchange platform!
I just had a question I'm sure you guys can answer :
I'd like to invest a percentage of my money every month in startup projects.
I thought I could do this through a platform where several investors could do the same thing, and thus bring decent money to the company.
I'm pretty sure this exists, do you guys know about something like that ?
Thanks and good luck !
Julien, might want to invest in a VC firm. That is how most VC's get their money. Also angels sometimes group up. It would be nice if there were an online platform to buy in to startups. I have not seen anything like that yet.
Lastly, you could buddy up with a few of your friends who are like minded and start a fund. In my experience dealing with a small amount of startups and taking a hands on approach is more rewarding, the drawback is the geographics of it.
The problem with most of the approaches normally thought of in connection with this is that you need to be an accredited investor to qualify for investing in startups (I think it is $200k in income for each of the last 3 years or $1m in assets not including home, retirement, etc.). Instead, if you really want exposure to startups, albeit at a slightly later stage, I'd suggest investing your money into one of the handful of public VC funds like MVC Capital (ticker is MVC). The problem with investing into a private VC fund is that you need to be willing to commit multi-millions of dollars at the outset and usually the VC doesn't want your investment in them to be more than a small percentage of your assets (usually 10% or less). This is because if things go wrong (as they can and often do with VCs), people who have big exposure to the fund start getting all nervous and may not fulfill their duties when the VC fund does a capital call.