These delegations are pretty small in business terms. Valuing them is kind of weird because they're not loans, they're transfers of cash flow from capital. But in general we're talking about a low-six-figure amount for dLive, which seems like a lot to individuals but isn't really a ton in a startup context. I don't think it needs to be done in rounds, or with extensive background checks.

If they've been doing it without contracts, though, that's just awful.