Be very careful. never put money into something you really dont understand and moreso money you cannot afford to "lose". If this project is so big, why would your good friend have to come to you as opposed to true "venture" capitalist who invest in things like this typically for a % of the action.
You never did say what your financial committment was but as your "first" investment....... I would never do this. The only way you will get your money back is if this is successful....and how is that determoned?? Then there is always the possibility that after a period of time more money will be needed to further the process and who will he go to ...you in order to protect you initial investment you will have to throw more money into the fire. STAY AWAY.
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