Rule No. 1
Only invest money you can afford to lose, investing in Startups is very risky. Be prepared for a loss of capital.
Rule No. 2
Investing is a skill that can be learnt. Start with small amounts and never invest more than 5% of your assets in start-ups. These investments are risky and illiquid.
Rule No. 3
Don't put all your eggs in one basket, diversify. Only invest if you have sufficient capital to invest in 10 or more Startups. Even if you do so, you should expect a loss of capital.
Rule No. 4
Past performance cannot be used to predict future performance. Just because an investor has made money in the past doesn't mean they will make money in the future.
Rule No. 5
Don't invest in a startup just because the press or well-known investors are talking about it. Do your own research. Blast.Club provides a complete and detailed profile for each Startup, but does not carry out an exhaustive due diligence on selected startups. So you'll need to do your own research into the startup in question and its sector of activity.
Rule No. 6
A start-up's inherent ability to pivot in order to find its business model means that its vision is constantly changing. Its Business Plan and initial goals are likely not to be respected and to change.
Rule No. 7
Your rights may be different from those of other investors who are not members of the Club, including the right to reinvest in future funding rounds or to sit on the board of directors. This means that your returns on investment may not be comparable to theirs.
Rule No. 8
Evaluate investment opportunities based on concrete facts. Don't invest on sales forecasts.
Rule No. 9
You will not hold Blast.Club responsible for your losses or missed opportunities.
Rule No. 10
When in doubt, don't invest.