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> So first, tax is marginal. Only the amount above a tax bracket is taxed at the higher rate. Yup. That's the core point I was making. > you can get into the
by jwilliams 9y ago
> So first, tax is marginal. Only the amount above a tax bracket is taxed at the higher rate.
Yup. That's the core point I was making.
> you can get into the deal flow for any of the trendiest and flashiest companies with the biggest upwards trajectory
Much harder that you're making it out to be. Being a angel investor is tough. Being a successful one is even tougher. Experienced investors can improve their network, access and odds - but it's a lot of work and they're often outliers.
> This is about honesty.
Really not sure what point you're making.
- ringaroundthetx 9y agoWhy did you chose to skip this part? > > Or even better, invest in a VC fund that does this better than you.
- jwilliams 9y agoBecause it's simply not an option. VCs raise the vast majority of money from institutional investors, not individuals. If there are individuals involved, they're high net worth already. You need to be prepared to write a $500k-$2M check and not see a return for an extended period of time. Even then, getting into a top-quartile fund with the best return proposition is going to be highly competitive. Finally, funds are relatively infrequent, so you still need to be at the right place at the right time. Either way, we're clearly describing a scenario which is well beyond the situation in the ask.