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With $1.0 billion you could invest $10K into 100,000 startups or $100K in 10,000 startups. Surely you could change the world, leave a legacy, and simultaneously
by matt1 18y ago
With $1.0 billion you could invest $10K into 100,000 startups or $100K in 10,000 startups. Surely you could change the world, leave a legacy, and simultaneously generate a profit on that kind of investment, no?
Why doesn't somebody do this?
- unrealwh 18y agobecause you could never assess the viability of that many startups. people would end up coming up to you with made-up business plans just to soak you for 100k. frankly you would be better off just seeding college scholarships.
- aaronblohowiak 18y ago$1.0 in "worth" does not mean $1B in cash. Also, the administration of 10,000 separate investment? How would you mentor the founders? Staff the boards? Would it be worth your time or your investment?