RE: GMET funds in the bank21 Feb 2025 11:25
The business plan for investors makes no sense at all then.
Take Gmet for example .,
Option 1 - you invest your money in POW they take your money and invest it into a new start up called Gmet.
Gmet does well , 10x the original investment by POW . Brilliant you say! . POW cash this money in, then they just keep it in the company (for general business expenses etc). Shareholders dont benefit at all .
Option 2 - When POW set up Gmet , you could have just taken your money and invested it directly , you would have then 10x your money and you can take it out when ever you want.
So whats the best way of investing your money here ? (its not through POW)