Talk of The Villages Florida - View Single Post - A bad investment or good?
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Old 11-13-2013, 03:58 AM
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TrudyM TrudyM is offline
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Location: Bought Tamarind Grove, Mercer Island Wa, previously NH,FLA,Hi,CT,CA,GA, Hubby from Hawaii
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Have heard of two instances that ended badly. One where an inventor got investors and then either didn't make the final advancements needed to go into production or sell the product and the investors lost their money when the inventor then went to work for the company that they thought would buy the invention. The inventor gets a good salary and support to finish the invention and because it has been changed slightly from the original the investors are so out of luck.
The second one was a guy who never intended to go into production or sale and just keep living off of R and D money from investors for 10 years with a long line of excuses. Each excuse requiring more money.

I agree with the others don't do it. Both of the cases above involved people who were into finance and investments and they still got burned.
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