"Currently, DreamFunded offers investments in startups like Aqua Blaster, a firm with a new hose nozzle for firefighting and pressure washing, and WorkCar, an Uber-like outfit planning to provide work vehicles. The portal supplies bios on startups’ management teams, a quick financial analysis and the firm’s business plan.
DreamFunded’s co-founder and CEO, Manny Fernandez, says the screening also entails interviews with management, credit checks, and criminal and terrorist background checks.
Though he thinks the industry will grow and provide valuable service to startups and small firms ignored by the venture-capital industry, he agrees the investor is more likely to lose money than to get rich.
‘If you want a safe, secure bet, this is not the way to go.’
—DreamFunded’s co-founder Manny Fernandez"
Dec 5 2016