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They’re not selling you anything, they’re raising money. I’m sure investors are getting the details after signing NDAs.



They're converting Twitter fame into capital funding. Not having a product means you technically don't have an obligation to deliver anything in return for that capital.


I was under the impression that potential investors usually don't sign NDAs.


Investors do not often sign NDAs covering "ideas", they will sign (and will often ask you to sign) NDAs with scope limited to investment terms and due diligence information.


Correct. Or rather, I've never seen it. Some are even offended when asked. N=~150


Probably depends on how much leverage those seeking funding have.




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