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Working for a startup this way would essentially turn into an angel investor, but instead of investing money you're investing your time. If you really believe i
by danieka 9y ago
Working for a startup this way would essentially turn into an angel investor, but instead of investing money you're investing your time. If you really believe in the team (grit and execution is more important than ideas IMHO) you could absolutely do this. But keep in mind that investing in startup is all about making 10 or 100 bets and hoping that while most of them will go bust some of the bets will earn outsized returns. Common wisdom is that 9 out of 10 investments go belly up but the tenth become Facebook and the whole portfolio makes a good profit.
How many startups can you invest your time in and how confident are you that you can find the startup that succeeds?
Now, if I where in your shoes, and I am in fact quite envious of the freedom you have, I would find a startup and a cause that I enjoy working with and disregard financial outcomes. Maybe see if there are technical solutions that I could help with to combat human trafficking or child pornography.
- dirktheman 9y agoInteresting idea, but I'm not sure it would work. An angel investor typically invests only a small sum, and I don't think investing only a little coding time is going to help a startup a lot. On the other hand, you could set up a firm with a number of people who invest their time in a larger number of startups. Like a VC fund, but for coding.
- danieka 9y agoI meant it as a rhetorical question, so the idea is entirely yours. But I like it, kind of like a collective of coders investing their time in startups. Even if individual bets don't pan out all the collective bets might/could pay quite handsomely.
- mars4rp 9y agovery interesting, I was thinking about the exact thing. I think it is a great idea!