3 ms·
> If you’re already set for life it’s less risky to play the odds by investing in hundreds of startups rather than starting one. Risky is not the word I would
by arbuge 3y ago
> If you’re already set for life it’s less risky to play the odds by investing in hundreds of startups rather than starting one.
Risky is not the word I would use to phrase that, at least not in the financial sense. There's little such risk there, "if you're already set for life" as you said.
More comfortable, for sure. Easier. PG has said as much himself on X several times when asked whether starting a company or investing was harder.
- light_triad 3y agoI agree with you I meant reputational risk and the amount of output per level of input. It's hard to be as hungry once you've 'made it' or at least, your drive changes. Arguably at that level you can have more impact as a mentor of a large number of domain experts doing great work rather than trying to becoming one yourself.