Re:50% IRR with spray-and-pray angel investing
by robocat on Friday April 07, 2023 @12:43AM
(#35478115)
He makes some really interesting points.
Kirk suggests to invest 20% of wealth in very high risk. Question: anyone know why Kirk doesn't even mention owning a home as part of the remaining 80%? I'm guessing it has something to do with living in SV?
Kirk followed Naval Ravikant in every deal (syndicated) from near when Angellist started, and Kirk thinks that might explain a lot of the 50% IRR.
Kirk suggests to invest 20% of wealth in very high risk. Question: anyone know why Kirk doesn't even mention owning a home as part of the remaining 80%? I'm guessing it has something to do with living in SV?
Kirk followed Naval Ravikant in every deal (syndicated) from near when Angellist started, and Kirk thinks that might explain a lot of the 50% IRR.