3 ms·
My plan is not to invest all of my time in 1 startup, I was thinking of doing 2 or 3 a year, I don't want to build their whole product! In 5 years I am going to
by mars4rp 9y ago
My plan is not to invest all of my time in 1 startup, I was thinking of doing 2 or 3 a year, I don't want to build their whole product! In 5 years I am going to have a portfolio of 10 to 15 startups, if one or two do 20x, I would collect all of my money plus nice return! And it is much more fun than to work 70 hours a week for a company for 5 years!
Legally what is the best way to reduce a chance of being cut of in sell or exit?
- ecesena 9y agoOk, sorry that wasn't 100% clear to me, but in this case it makes sense. To the best of my knowledge you have no legal solution -- that's probably where investors may give you good advice. But if the founders decide to close down and go work for another company, there's no liquidation event. This said, we go back to the 1:20, if your plan is to invest in many, then you should be good.