Re:How to Invest in Startups
by xiphias2 on Monday January 13, 2020 @02:54PM
(#22037941)
I’m successful by taking advantage of it:
when you invest in disruptive technologies, being patient and a slow mover is your friend. Many fast mover friends of mine don’t have the guts and patience to go through volatile phases of some assets, and I outperformed them (even the ones who spent 14 hours a day trading profitably)
At the same time I would never work at a startup at any position again, because looking at a TODO list of 50 items is stressful and boring at the same time.
(Ark invest is the closest to what assets that I like, they are looking 5-20 years ahead and not at quaterly results).
when you invest in disruptive technologies, being patient and a slow mover is your friend. Many fast mover friends of mine don’t have the guts and patience to go through volatile phases of some assets, and I outperformed them (even the ones who spent 14 hours a day trading profitably)
At the same time I would never work at a startup at any position again, because looking at a TODO list of 50 items is stressful and boring at the same time.
(Ark invest is the closest to what assets that I like, they are looking 5-20 years ahead and not at quaterly results).