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I think I made it clear that's a trap that mostly suckers fall into. You can still partake in the massive success of revolutionary startups with your cash. In
by busterarm 6y ago
I think I made it clear that's a trap that mostly suckers fall into.
You can still partake in the massive success of revolutionary startups with your cash. In fact, you're in a much better position to, because if you're making a lot of cash, odds are you are senior and connected in your field. You have better odds of picking winners and investing in them.
There's also opportunity to buy pre-IPO shares.
- angry_octet 6y agoHow would you buy pre-IPO without options?
- busterarm 6y agoEquity exists pre-IPO and people/companies sell it. There's even gray markets for trading it. Being a qualified investor (which you can get to from zero in as little as 4-5 years if you're making FAANG cash) helps a lot.