$DATI Opportunity cost tends to make angel investors very selective. This is where the PAI comes into play and allows the investor to diversify his holding yet keeps all the upside of his original Investment. In short, PAIs provide more liquidity to private investors faster, so that they can deploy more money to more companies more often.
https://www.streetwisereports.com/article/201...thing.html
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Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!