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Alternately, a lot of people around here no doubt have unique opportunities to speculate on how specific technologies will progress. If you can spot something
by jbpetersen 10y ago
Alternately, a lot of people around here no doubt have unique opportunities to speculate on how specific technologies will progress.
If you can spot something that's genuinely original in how it blends things together, has enough expert mindshare to be a leader in its domain for the foreseeable future, stands good odds of capturing a decent amount of the value it creates for those who support it, and offers a way for you to throw money at it: throw money at it.
It's a completely different game from trading in more mature markets where politics and statistics become major forces alongside original innovation in determining what happens next.
- noodle 10y agoA lot of people around here do "invest" in this type of tech by working for companies producing that tech. For the average person, you can't throw your money at a random startup. And generally, its not exactly a safe bet either. People who do throw their money at startups tend to also have lots of other very safe, diversified investments to balance out the risk of larger singular investments on specific bets/companies/tech/ideas. For example, the author is advocating and claims to invest in your basic Vanguard Retirement Target fund, but he's also an accredited investor who also does just what you suggest
- jbpetersen 10y agoYou made me realize I should've said time/money from the get go. With startups specifically, I'm hoping Title III is just the beginning of making them a lot more accessible for more casual investment, like throwing $5 at whatever cool/useful thing has caught your attention lately.