A-F
This used to be my point exactly. How ever the more I think about it the more I see that this is more of an opinion from me “the investor” and a point of view from my holdings in Nothing. The reason for Nothing with the community rounds are not first hand to collect capital, I think they can to this from institutions as previously seen.
The main reason being to create hype, create a bigger fan base and so forth maybe its a better strategy for Nothing to continue with “first come, first serve”…
My suggestion:
I really like your proposal to cap an investment to the amount invested by existing investors from community round (1) this time. Given this is about 1,5M its not “that much” given recent rounds. BUT this should be done “outside” the 10M already announced in round NO 2 so that this is “everybody’s game” as Nothing wish it to be. I´m fine with this solution and at the same share price as series B. This would just be a token of appreciation from Nothing to give the existing investors a little chance (breathing room) to top up as a thank you for believing in them!