ilmscore | Prediction Details
By ClearValue Tax | July 26, 2024 | Correct
Interpreted Prediction
Predicted that investing in another person's small business is a good way to lose money.
AI Evaluation Notes
Investing in small businesses carries significant risks, including illiquidity, lack of dividends, and the potential for complete loss of investment. Startup failure rates are notably high, with some sources indicating up to 95% of startups failing. While some angel investors experience successful exits, the overall landscape for individual small business investments remains high-risk, aligning with the prediction that it's a good way to lose money.

Prediction Details

Target
Loss of invested money
Predicted date
When exploring this investment option

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