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You should look into the probability of those high returns. The media likes to remind you of the Facebook / twitters/ google, but those are just one in thousand
by chad_strategic 11y ago
You should look into the probability of those high returns. The media likes to remind you of the Facebook / twitters/ google, but those are just one in thousands.
Something like ~90% of startup fail. http://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/ http://www.forbes.com/sites/neilpatel/2015/01/16/90-of-start...
So you have a one in ten chance. If you pick a startup that fails, I doubt you will be able to reclaim any of your investment. It's not like you can get liquid, when things start to go in the wrong direction.
Pick wisely.