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I'm neither a VC nor rich, but the best investment I have made in terms of raw return was into myself when I started my computer servicing business with a capit
by bflesch 10y ago
I'm neither a VC nor rich, but the best investment I have made in terms of raw return was into myself when I started my computer servicing business with a capital of three hundred bucks right after high school.
It is pretty straightforward to reach a six-figure profit in consulting over a couple of years, and I'd be glad if I could just "repeat" this performance with a larger amount of money.
An experienced VC once answered my question about why he is flying first class and visiting us lame fucks in a third-tier town in Europe for two days and how he could justify spending so much money on us. He said it doesn't matter if he flies first class or not because if their investments don't work out they run out of money anyways, and if they do work out they make so much money that everything else becomes irrelevant. This put some things in the startup world for me in perspective, and I am trying to be not too harsh and frugal with myself since then.
- bbcbasic 10y agoHe is spending it on himself by the sounds of it.
- lewisl9029 10y agoIt also sounds like it's not even his own money...