 Thoughts on 40Billion.com
hwijaya: My opinion.
1. Most professional investors are overwhelmed by proposals. Not lack of it.
2. Even on seed level, i'm not sure if i want to invest in a company through social network. I would prefer something more personal if i want to pick a company. And, referral often is the key to that. If you can't connect yourself up to the investors, i would say, you haven't tried hard enough.
3. As an entrepreneur, i don't think i feel comfortable to expose everything that i have in the arsenal to the social network (especially strategy etc). It's one thing to be paranoid, it's another to be totally open-source! But, if you don't do that, how can investors pick you over the other through that massive companies in the social-networks?It's still a nice try though. Would like to see how it goes.