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Your Equity Isn’t a Payment, it’s an IOU

• deleted 19y ago
  [deleted]
• mixmax 19y ago
  I think the post is misleading: What you buy when you invest in a startup is the opportunity to make your investment back tenfold or more within a relatively short timeframe. With that kind of potential payoff there is obviously a huge risk. So if the founders have done whatever they could to make it work and it still tanks, well bad luck to everybody. But it's part of the deal. If you want a safe investment buy government bonds.
  • ideas101 19y ago
    1000000000000% true !
  • ojbyrne 19y ago
    I guess that depends on everyone's perception of "done whatever they could to make it work." As the article implies, they might have forgotten as simple a thing as actually listening to what other people suggest.
• Tichy 19y ago
  Damn, I read the whole thing hoping to learn what an IOU is, but he didn't say. What could it be? Initiation of Underlings? Investment in Ultra-High-Returns? Intent of Usurpation?
  • jrockway 19y ago
    IOU = "I Owe U"