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If I could have invested in half the tech things I've seen which I thought were bloody stupid ideas, I'd be a rich man.
by IanCal 9y ago
If I could have invested in half the tech things I've seen which I thought were bloody stupid ideas, I'd be a rich man.
- wruza 9y agoHalf is actually good chance, why didn't you invest in all of them?
- IanCal 9y ago1. I'm not a venture capitalist and startups don't/can't generally accept small investments. 2. I thought they were bloody stupid ideas. I'm not convinced that investing in ideas I think are stupid because things I have previously thought were stupid did well is a sound strategy. All it shows is I'm bad at predicting what will do well, so it makes more sense for me to invest broadly across as many markets as possible.
- fasquoika 9y agoYour comment reminded me of this xkcd. https://xkcd.com/1497/ https://xkcd.com/1497/