On September 20, 2023, Eric Smith and Yair Even-Tal published “Considering Using A Matchmaker To Help You Find Investors For Your Startup? Be Aware Of The Risks” in Crunchbase News. The following is an excerpt:
A startup agrees to pay Emma, a media personality with many connections to wealthy people, for introductions that result in investments in the company.
Emma introduces multiple investors to the company and receives periodic checks from the startup.
This might seem innocent enough—a win-win for her and for the startup. But are Emma and the startup actually at risk for engaging in illegal broker activity?
Click here to access the article.