How does Cofundit manage disclosure of information vs. the competition?
We believe that the value of transparency, rapid execution and joint learning substantially exceeds the risk of disclosure. Like in any fundraising, the information disclosed publicly e.g. during the Events should be complete to raise interest from potential investors. However information sensitive for an Entrpreneur’s Company incl. detailed financials will be released only to a selected group of interested investors under a valid Non-Disclosure Agreement. Note that the information about a particular business proposal will not be completely disclosed prior to being selected for investment review. Before the Investment review, the CoFundit Community will have only a limited access to information (a short description of the idea, a video, a slide share, the funding requirement of the company). At this stage, the identity of the company will not need to be disclosed. For the Expert review, the company’s information is completely disclosed to the Expert Community (business plan, cash flow
