Re:Ask HN: Just cashed out for 2M. What now?
by jacquesm on Thursday February 19, 2009 @04:52AM
(#487066)
100% agree with this, it's the easiest trap to fall in to.
If you have to start another company, use your reputation (one company sold successfully) to leverage a little bit of your capital (less than 50K) to do it again, never commit more than you can afford to lose without batting an eye.
If you have to start another company, use your reputation (one company sold successfully) to leverage a little bit of your capital (less than 50K) to do it again, never commit more than you can afford to lose without batting an eye.