3 ms·
In the case of being a startup founder, you're risking little to potentially gain a lot. In the case of investing your newly earned fortune, you're risking a lo
by reitzensteinm 16y ago
In the case of being a startup founder, you're risking little to potentially gain a lot. In the case of investing your newly earned fortune, you're risking a lot to gain a little (as a percentage).
The fact that the HN readership seems to be aggressive in the former case and conservative in the latter is not necessarily a contradiction (or, to be honest, even surprising).
- adamilardi 16y agoThe risk involved to start a business is time and money. You take one year off as a high paid engineer your losing over 100K. What if you need to boot strap your business because venture funds aren't available. The risk is low if you coded something on your spare time and somehow got a huge amount of VC funds(CD style investing). Wise investments are key to success of any business. How will you allocate your first millions in VC funds. Are you going to invest in staff, equipment or acquisitions. Sure you will have advisers at this point but it's important to understand the value of investments. If you are not surprised I would imagine you view the majority of start ups as the former kind I mentioned. Spare time and lots of vc money. I don't have any evidence to say that isn't always the case but it would appear odd to me if it was.