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This is a devil's advocate question, but what's the difference between investing one's money, and one's own time & labor at a possibly high opportunity cost in
by digikata 14y ago
This is a devil's advocate question, but what's the difference between investing one's money, and one's own time & labor at a possibly high opportunity cost in a startup. Or stated another way, if an amateur shouldn't invest their money, what makes it ok for a startup employee to invest their labor?
- drumdance 14y agoEmployment at a good-ish startup is a good investment in your skill set. Yes, ideally you will make a lot of money on an IPO or acquisition, but even if not you will develop expertise and broaden your network. Just throwing a few thousand at something you can only watch from afar won't get you that.