GetEquity Review: Legit Passive Income Investing in Startups?

GetEquity is pioneering a new opportunity for Nigerians and Africans to invest in startups for passive income.

From new investors to veteran venture capitalists, anyone could invest in tokens of startup companies and earn mouthwatering returns.

But is GetEquity’s proposition a viable and valuable one? Should you throw in your money and ride the wave?

In this article, we’ll review the GetEquity investment opportunity to see if it’s the right one or not.

Let’s get started.

What Is GetEquity All About?

GetEquity wants to help investors invest in high-growth startup companies for mouthwatering ROI.

The company via a blockchain-type mechanism is tokenizing stocks of startup companies just like it is in crypto.

Through the GetEquity mobile app, anyone irrespective of investing experience, can start investing and making money.

How Does GetEquity Make Money?

GetEquity charges a commission fee on both the investor side and the startup company side of the deal.

The company charges as much as 4% per successful deal, which could amount to a lot since startups could raise up to $100k on the platform.

How to Invest in GetEquity

To invest on the GetEquity platform, simply download their mobile app, register and do your KYC, and start investing in startup companies of your choice.

Investors could start investing with as low as $10.

You could invest as a verified individual investor or invest with colleagues as a syndicate in the dealrooms.

How Much ROI Does GetEquity Offer?

GetEquity does not guarantee any particular ROI when you invest through the platform.

Also, the startup companies you invest in do not guarantee any returns.

For the record, startup investing is high-risk, so there is a chance you could lose all your money if the startup company fails.

However, you can earn returns when stocks of startups you buy on GetEquity appreciates overtime.

Is GetEquity Legit or Scam?

The company seems legit, but that shouldn’t even be the focus.

Before investing, you should do your own due diligence on the startup companies you wish to invest in.

However, on the side of GetEquity’s legitimacy, there seem to be a grey area as of whether the company is recognized and regulated by the SEC as a legitimate investment vehicle.

Probably, GetEquity is trying to circumvent that regulative scrutiny by taking the blockchain and tokenization route to investing in startup companies.

What I Hate About GetEquity

There’s nothing much to hate about GetEquity. 

The company is doing a good job of providing a veritable platform that matches investors with innovative startup companies, so that’s a good rep.

What I Like About GetEquity

The company’s ingenuity in bringing the tokenization mechanism of the crypto world into startup investing is praiseworthy.

This democratizes startup investing for tech people willing to put their money where their mouth is.

So, I’m really intrigued by what the company has done and is still doing.

Can You Lose Money With GetEquity?

Of course, you can lose all your money investing via GetEquity.

But like I said, startup investing is high-risk everywhere, anyday anytime.

It is an area of investing that requires patient capital and is not for the faint-hearted.

So, don’t invest what you cannot afford to lose.

Should You Invest in GetEquity?

The way I see GetEquity is like a tech ballroom where you play around with startups that tickle your fancy.

You could lose some money here and there, but you’ll really ball when you find a good deal and hit a home run.

So, for me, this platform is one where I’d only invest in startups that I’m really cheering for.

I could invest in one or two startups that are solving big relevant problems in Nigeria.

But I’d have to admit that I could lose all my investment.

It could swing any way really. I could get some equity from a few valuable startups, or I could get my fingers burnt.