First of all, the clip video of slate is very entertaining. You made a good point telling that a good team is very important.
Unfortunately, as I research more about the Slate Project, I found some red flags for me not to invest on this.
- High Hard cap. The hard cap is reaching more than $100M and for investor the higher the hard cap means the lower the potential of returns.
- Weak Team. The team doesn't have any experience of being a founder or CEO on a decent company before.
This is a hard pass to me but maybe I am wrong, I am not a financial advisor. This two red flags is enough to me not to go through an in-depth research. Best of luck to everyone.
RE: Entertainment Industry Disruptors: A Comparison of Slate vs. SingularDTV