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@442974
A few thoughts about risk. I'm sitting here wondering should I double the commitment I have already promised.
Very sensibly velocio has suggested that we shouldn't invest more than 5% of our investment funds in such a high risk project. That means that if I want to put in £500 I shoulld have almost £10,000 in safe investments elsewhere. It also means I should be happy to lose the £500 if something goes wrong.
For this project being happy to lose it includes being happy enough to stay with the forum, be friendly with Velocio and be prepared to put another lump in when he tries it again. All you really need to know is shown in the seedrs.com registration process.
I then started exploring the SEIS scheme, it's a gold mine. For taxpaying investors you cannot lose. Once the scheme is registered you can claim 50% of value in tax rebate, if it turns a big profit you can avoid capital gains tax, if it collapses and you 'lose' your money you can claim another chunk back as tax break on income
http://www.seiswindow.org.uk/new-investor/