You are the manager of a venture capital fund. You have a company that your fund could invest in and it's pitching to you to obtain funding. Please decide if you will fund or not fund and why.

You can also make your funding contingent on something that is not clear if you specify the information that is needed.

Automatic Payment Platform

Automatic Payment Platform (APP) provides a way for people to pay for purchases (minimum $200) over future monthly payments without any interest. They have been successful with bootstrapping and now they want to grow faster by finding additional capital. They are offering you two ways to invest: (i) a loan that can be converted into equity at the discretion of the lender or (ii) outright equity. Consider the COVID-19 pandemic in determining your decision on whether to invest or not invest and if so, which financial vehicle.