The word start-up is often abused. Investors have lost millions because they fell for con artists who were able to sell an idea that was usually described in a complex way but was made up of hot air as the crux of the matter. By the time the investor realizes that the company is hot air, their money is already gone... never to be seen again, and the investment is usually constructed in such a way that it does not result in any tax losses in order to reduce the investor's own tax bill. Be careful!
Entrepreneurial ability remains the be-all and thailand rcs data end-all for every "company". The best way to notice that something is wrong with investments in start-ups is to ask to see the payroll. If the founders and "start-ups" suddenly start to pay themselves the highest salaries in the company, even though they are involved, then be careful! This is usually where the line of fraud is crossed, to the detriment of the investors.
But it is of no use to the investor if he has not contractually agreed to comprehensive (financial) information and intervention guarantees. Poorly managed companies cannot succeed even with the best idea. But even the best idea has no chance if entrepreneurial quality, network thinking and constant innovation do not flow into the start-up.