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I made some money over a new startup and I would like to invest a part of it into someone else's startup.

I found it through an online university competition and I would like to know more information about their business plan. The problem is that I do not know them and do not know how to properly request their business plan.

Something that I am afraid of is the fact that I do not have any funding history and this is my first attempt to fund someone. Maybe this makes me kind of a "liar".

So, is there a proper way, a template to follow for my purpose?

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3 Answers

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Just talk to them.

But perhaps after you've checked the regulations on financial investment in your country.

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+1 Solid advice. – blunders May 20 '12 at 19:10
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Traditional business plans get quickly outdated and are useless.

If you want to invest in them let them know your interest and meet the entrepreneurs. Talk.

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Not really. Maybe just offer them an NDA first to give them some assurance that you will do nothing with the information other than consider them for investment.

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Do you know any investors that sign NDAs just to start talking to a company? – blunders May 20 '12 at 19:11
No, but the question seems to revolve around whether they are any steps he can take to make himself seem more serious without having a track record. I'm simply answering what I perceive the question to be. btw, you don't need to say "+1" on a comment to agree with a post, that's the whole point of the voting system... – David May 20 '12 at 21:29

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