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RancidPunx

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TLDR : A friend of a friend has developed an app and is looking for funding .

 

So a chap I kinda know developed this app which is on its second of funding (500k). He is looking for investors. The app sounds like a great idea that does have potential.

 

I've never invested in anything before and am curious about getting involved. Realistically I have 10k that I could potentially invest. The lad is a decent sort, has his own businesses and is a bit of an entrepreneur type. He has won some minor startup awards.

 

Has anybody ever invested into an app?

 

What sort of questions should I be asking before I might your man forget to discuss ?

 

What sort of return could I expect on 10k?

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What sort of questions should I be asking before I might your man forget to discuss ?

 

What sort of return could I expect on 10k?

That would be a good start. If you're putting in £10k, go through his business plan with a winkle picker.

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