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Join a CEO group and set up a cross-holding of stock between the companies in the group. Now you’re all digging for gold at the same time. You don’t have to be
by ttul 3y ago
Join a CEO group and set up a cross-holding of stock between the companies in the group. Now you’re all digging for gold at the same time. You don’t have to be a VC and you also don’t have to be that person with 26 lifetimes to spare.
- StressedDev 3y agoThe problem with this is VCs give you money, and some (like YCombinator) also give you advice. The CEO group gives you no money. Also, how do you prevent parasites from entering your CEO group?
- ttul 2y agoI’m not saying a CEO group is a replacement for venture capital. You can join a group of CEOs whose companies are all venture backed. As for ensuring parasites don’t join your group… that can’t be guaranteed.