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Interesting. Over the years, I've often played with the idea of letting someone invest in 'me' vs. my businesses. Here's why: if I take investment for a company
by davidkatz 14y ago
Interesting. Over the years, I've often played with the idea of letting someone invest in 'me' vs. my businesses. Here's why: if I take investment for a company, I have a conflict of interest with my investor. He/she wants the company to succeed, I want me to succeed and that could happen outside the company.
My style of doing business is very diversified. At any point I'm trying two or three different things, and retaining flexibility is an absolute priority. I need to be able to ditch business A and focus on business B whenever I see fir. This pretty much rules out regular investments because it leaves me too committed for my own good.
Another thought: I'd like to use such a platform as both a backer and a mentor. I'd like to back people who are an order of magnitude less successful than me, and get backing from people who are an order of magnitude more successful than me.
UPDATE: grammar correction