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Are you asking what startup to invest in or to start? Startups are extremely high risk and the only way people make money investing in them is to invest in a l
by Aloisius 15y ago
Are you asking what startup to invest in or to start?
Startups are extremely high risk and the only way people make money investing in them is to invest in a lot of them. Given the amount of money you have, investing in startups would essentially be gambling. If you had 25x that amount, you could diversify enough to maybe see a positive return in 5 years, but even then it would be a gamble especially if you don't have any experience evaluating startups.
If you want to start a company, well that's different. I still wouldn't invest more than say, a quarter of that, but at least you'll have enough money in the bank that you don't have as much pressure on you.
- zeynalov 15y agoI want to start a startup. The thread is about how and in what kind of startup shoul I invest that it would be smart investment. I would like to hear advices like : dont start next groupon clone dailydeal startup, dont start next color like social media, porn portal etc.
- ra 15y agoIt sounds like you're pretty new to this. Have you looked to see if there are any local angel investor groups in your area? Investing through a syndicate gives you an opportunity to invest your money in a number of startups, and also to benefit from the additional scrutiny they will provide when assessing potential investments. Not to mention using tried and tested teem sheets, agreements etc.