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On the flip side, wouldn't one round of "getting rich with a stock market" allow you to totally fund the business you want to on your own terms?
by EricDeb 15y ago
On the flip side, wouldn't one round of "getting rich with a stock market" allow you to totally fund the business you want to on your own terms?
- drumdance 15y agoSure, but it's not either/or. My last company was very profitable but is not going to IPO any time soon or get bought for a crazy valuation. However, I cashed out enough to fund my current company. I don't have millions in the bank, but I have enough to give me a 2 year runway and still live a comfortable lifestyle. "Go for broke" companies usually end up just broke. But if you can build a profitable business that finances future endeavors. Last year I had an epiphany that I'll be working in small tech startups for the rest of my life, and that I will enjoy it very much so long as the bills are paid. If I could repeat the last five years 4-5 more times I'll be very happy, even if not a jillionaire.