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RE: You need money to make money.

He wants me to go in as a friend, and neither going in as a friend or investor because he didn't do his research well. He only heard there's money in the business a decided to go in.

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That's saddening. I think as a friend, the business relationship is flawed because you're probably going to be sentimentally invested, especially since you're not sure how solid the business is, which might cause issues in the future.

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