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If you invested in the early rounds of any of these unicorns, you probably returned the whole fund with that one investment, even given their devaluing.
by austenallred 11y ago
If you invested in the early rounds of any of these unicorns, you probably returned the whole fund with that one investment, even given their devaluing.
- JonFish85 11y agoEven in that case though, nobody is going to be happy with less money than they thought they had. If Bill Gates woke up tomorrow with half of his money gone, he'd be livid, even though he'd still have more money than he knows what to do with.
- austenallred 11y agoThey didn't ever have any money. They didn't lose any money. It was all paper valuations, and it's never money until you can buy beer with it; that's just part of investing. Does it suck? Sure, but it's part of the game.