What do you think about crypto and SF?

January 09, 2022

by a searcher from London Business School in Málaga, España

Hello searchers.
I've been thinking for a while that maybe it's a good idea to put an eye on crypto world while searching.
My idea is locking some work capital till acquisition in order to increase funds performance...
I mean when the search starts you have to much cash you won't need till 10, 15 or 20 months later, you may take advantage of this to make crypto investments, always with a limit, for example no more than one unit.
Is it a bad of good idea? What could be the investors vision on this? Bad or good?
Love to hear your thoughts.
Thanks

Victor Ruz

Reply by an investor
from Harvard University in Dallas, TX, USA

I'd say sticking it in speculative crypto is likely banned in many agreements. Mining though might be thought of differently. Many coins require just a gaming rig (we mine z cash for example) and you need computers anyway. Additionally that provides some learning into how it works, which might be useful in the future (when I was searching cloud computing was new. We did things in that that proved very valuable when purchasing a company). You're a custodian of other people's money. So there's a different level of responsibility than with your own money.

Reply by a searcher
from Northwestern University in Chicago, IL, USA

You are signing a PG and leveraging the assets of the business to by ‘something’ that you have little control over and is known to be highly volatile.
The decision is up to you, can you sleep at night with the PG and the risk? Do you need the capital to expand, acquire or as a reserve?
The decision may or may not be yours if you have investors. They will have an opinion on whether or not you should take company money to buy crypto.

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