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Let's say you invest 25k in a company. What's your expectation on when you will receive money, and how much are you expecting to receive?
by maxklein 16y ago
Let's say you invest 25k in a company. What's your expectation on when you will receive money, and how much are you expecting to receive?
- joshu 16y agoI don't really think that way. Instead: will this be an enterprise worth being involved with? For example, are they going to change the world and make people's lives slightly better? Or do they, I dunno, write boring iPhone apps?
- maxklein 16y agoSo you're doing it to improve the world and not for the money?
- joshu 16y agoI call false dichotomy.
- maxklein 16y agoObviously. You are trying to make money. I am asking - when will you make the money and how much? If I put 25k in a business in 2008, when will I see a return and how much would that return be? Or are you just doing it to be associated with these companies?
- deleted 16y ago[deleted]
- joshu 16y agoI don't know. I expect it will take 5-10 years to get a return in many cases. I think this pays vast dividends outside of dollars: I get connections, notoriety, experience, exposure, and so on. I know about a lot of what's going on in the valley right now, for example. I expect it will be better than investing in venture funds, but not by much. (I do this too.)