13 ms·
Here’s my guide: 1. Put your money in a wheelbarrow. 2. Set it on fire.
by outside1234 8y ago
Here’s my guide:
1. Put your money in a wheelbarrow.
2. Set it on fire.
- dpiers 8y agoWhy are you on this site if you don’t believe in early stage investing?
- cyberpunk0 8y agoMaybe tech news? Not everyone cares about marketing and overblown venture capital nonsense
- charlesdm 8y agoEarly stage investing is akin to setting your money on fire. Great if you get a homerun, but likely the story will end with you being out of pocket a significant amount of money. It's super high risk, with a low chance of success. There are plenty alternative assets to invest in with a better risk reward profile (stocks, acquiring proven and profitable tech products, even cryptocurrencies, and other alternative assets)
- richardknop 8y agoThis website is called hacker news. Most people here are interested in tech, programming and such. Angel investors and VC people are small minority.
- joejerryronnie 8y agoI would think people interested in startup financing/investing are a bigger contingent of HN'ers than you assume. It is run by YC after all.
- richardknop 8y agoPerhaps but if you look at most threads, they are very tech/hacker oriented and most commenters, if you read their posts or history, are software engineers here. I think that is at least 70% majority.
- joejerryronnie 8y agoYes, I would agree with you. As an aside, I always find it interesting when a somewhat niche post comes up and you realize that HN commenters also include some folks with very different careers than SWEs - e.g. Theoretical Astrophysicists, Volcanologists, or Wind Farmers.
- grosjona 8y agoI like this approach, it has fewer steps and it doesn't waste other people's time.
- allenscope1 8y agoIt doesn't sound well at all.
- startupdiscuss 8y agoI think you ought to include more details. I head that Sequoia uses a cast iron wheelbarrow but those things rust out. The new generation - the AZ16 of the world - uses alloys that are more resilient. Can anyone comment? Is it true that machine learning wheel narrows are best?
- jsolson 8y agoI bought a sailboat. Similar effect, but lower carbon emissions.