4 ms·
I would invest: - in 100 founders by giving them each $10k - in 100 startups by giving them each $100k - in 100 small companies by giving them each $1M
by mrb 15y ago
I would invest:
- in 100 founders by giving them each $10k
- in 100 startups by giving them each $100k
- in 100 small companies by giving them each $1M
- in 50 medium companies by giving them each $10M
- and I would buy $10M worth of Bitcoins
That's $621M. I would keep the remaining $379M in safe long-term low-yield investments.
I would likely end up with much more than $1B a decade later.
- myhf 15y agoSo, a decade later what would you do with all that money? What kind of legacy would you want to create? This thought experiment is more about turning money into cultural change than about turning money into more money.
- mrb 15y agoI am effectively giving these companies, these hundreds of persons, the chance to change the world.
- Troll_Whisperer 15y agoActually, I'd say the thought experiment worked perfectly in sussing out the gp poster's values. For many people money is the end, not the means.
- mkramlich 15y ago> I would keep the remaining $379M in safe long-term low-yield investments. Such as US Treasury bills. Which are totally safe, bro. Totally (tm). _looks at calendar_
- StrawberryFrog 15y agoIt's Ok, he's hedged his risk with bitcoins.
- Mz 15y agoThis comment reminds me of my passing thought that since comment votes are hidden, we ought to allow comments to be reordered such that a reply could appear prior to the OP if it were upvoted more. I would love to see this comment be a "balloon" floating above the head of the main remark that generated replies.
- StrawberryFrog 15y agoI don't think I was misunderstood, but just in case: I agree with mkramlich, and my comment was facetious too.