2 ms·
Sure but I read it as most of us only get one chance at starting our own business (unless you already are rich). E.g. I would rather go for 50% chance of 1 mil
by rightbyte 3y ago
Sure but I read it as most of us only get one chance at starting our own business (unless you already are rich).
E.g. I would rather go for 50% chance of 1 million USD than 11% chance of 1 billion USD.
- sokoloff 3y ago(I’m coming at this as someone who’d way rather an 11% chance at a billion than a 50/50 at a million, which I’m sure colors my thought process.) The amount of personal investment it takes to get to the point of pitching investors is pretty low (and well lower than “already succeeded at your business” IMO; raising money is not in itself business success). It was ridiculously low a few years ago; it’s still low and achievable as an investment for most anyone earning a western SWE salary and not living extravagantly.