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How low do you think its possible to go in terms of investing? As an experiment, lets say I decided to save up $1000 and try my hand as a venture capitalist. Do
by tstegart 16y ago
How low do you think its possible to go in terms of investing? As an experiment, lets say I decided to save up $1000 and try my hand as a venture capitalist. Do you think it could work out, or its pointless to even try because other costs, like administration time etc. would get in the way?
- jackowayed 16y agoWell, you'd have to be an accredited investor: http://en.wikipedia.org/wiki/Accredited_investor http://en.wikipedia.org/wiki/Accredited_investor (Though I assume that friends and family rounds have some way around that, so maybe if you know someone that's looking for super-early investment, you could invest.) But even so, from my limited knowledge (mostly drawn from reading stuff posted here) I think $25k is pretty much the least that people tend to invest.
- sahillavingia 16y agojoshu said he invested usually $10-25k per investment. I think $10k would be a better lower bound approximation.
- joshu 16y ago10k is too small, really. It is mostly a way for me stay in the game. On one hand, startups have rejected that as an amount, wanting 25-50k. On the other hand, I have wanted to do my usual 25k and only bee able to get a 10k allocation. The better the deal, the less I invest, paradoxically.
- akg_67 16y agoAs jack... commented, you could invest as 'friends and family' round. I am not accredited investor. But I have made a few small investments up to 10k (I call them my pay it forward) to friends and close acquaintances with 'no pedigree' who are trying to start a business.