Hacker News: gahays68

New comment by gahays68 in "Ask HN: What Are You Working On? (March 2026)"

gahays68 — Fri, 13 Mar 2026 13:54:17 +0000

Because 9 out 10 Startups fail, early startup investing is not investing, it’s philanthropy with a potential upside. So I’ve created a new game of Venture call VentureStaking where multiple people come together to form a grant for a founder (no debt / no equity) to spend a year researching a problem (ie Thiel Fellowship) and then if that founder discovers something interesting, the grantors can invest up to 10x their grant amount in equity. So, for example, a $100,000 grant creates a potential $1MM equity round to keep the momentum going. Thus, a VentureStaker can give $10 grants to 100 Founders to discover the 3-4 that come up with a great opportunity and invest 10x in those rounds. The SEC has been vetting this system for 8 months and cannot conclude it’s a security which means that we can operate VentureStaking without expensive legal compliance. SEC rules are only triggered at the first equity round and RegCF can allow multiple retail investors in as one line item on the cap table. So now, it’s a game of Discovery to start and smarter investing later. To learn more, go to Doriot dot com.

New comment by gahays68 in "Investing in Startups by Passing the Series 65"

gahays68 — Thu, 14 Oct 2021 15:13:48 +0000

Check out Doriot.com / they're the first to submit an application to the SEC to become approved and have a product already in market

New comment by gahays68 in "Investing in Startups by Passing the Series 65"

gahays68 — Thu, 14 Oct 2021 15:11:49 +0000

It doesn't require financial acumen to follow a lead that has qualified a deal. It is technically possible to form syndicates that corral millions of small checks (Blockchain) to follow leads. And while startups are risky, the investing discipline is simple: spread your bets among several "qualified deals", like poker. Anyone skeptical of this should download Fantasy Startup at Doriot.com which is working to qualify non-millionaires as SEC Accredited....you'll quickly discover that everyone can (and should) be investing in startups. All that needs to happen is, first, education, and second, scaled access. Scaled access will follow once there is a large and growing educated population of Mainstreet investors. The average age of the Accredited investor is close to 60 years old....while 98% of GenZ's and Millennials don't qualify. Does it really make sense to cockblock the generations that should be investing (given they have time and ability to take on risk) and they have to live with the investing decisions of today?