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> I would rather own equity in a high growth start up than 3 rental houses; at least from a growth perspective. But that isn't the choice, the choice is betwee
by RhodesianHunter 6y ago
> I would rather own equity in a high growth start up than 3 rental houses; at least from a growth perspective.
But that isn't the choice, the choice is between three rental houses and a maybe 1 in 20 chance of owning equity in a high growth startup that may or may not IPO in the next 15 years.
- mypalmike 6y agoThe third option in west coast cities is probably more common than your startup option : working for an established company, possibly a FAANG, and accumulating enough wealth to retire early.
- opportune 6y agoThat's a false dichotomy. A startup engineer could easily afford three rental properties in most flyover states after 8 years of working from their salary alone.
- digitaltrees 6y agoIt is the choice because the ecosystem is in SF. And because of the demand of people wanting to participate in the SF ecosystem, prices are higher. It’s a gold rush dynamic. YCs are the new 49ers.