I know a few billionaire VC's who started with less than $100k. Stop trolling and start adding value here, that is if you can. Bernie-- LMFAO-- i contributed to his victims loser- and it made global news--- so stfu about what u know nothing about. vessel was sold for XXXX to Dave Goodboy, a hedge fund manager, who told the New York Times: "It's like having something off the Titanic." https://www.google.com/amp/s/amp.th...s/2009/nov/15/bernard-madoff-auction-sheraton surf
Just thought the above deserved to be reposted so it doesn't get drown too fast in a new argument here. I'd sure ponder about the dilution issue, thanks for the heads up.
That indeed does deserve to be repeated. As does that fact that people need to stop dreaming. Even if they can get a foot in the Venture Capital door, you have probably got more chance of winning the lottery than discovering you've put your money into the next billion dollar dot-com or whatever.
This is a perfect example of manipulation. This is the original text:A life belt from Madoff's vessel was sold for $7,500 to Dave Goodboy, a hedge fund manager, who told the New York Times: "It's like having something off the Titanic." You left out a part of the text, the most important part. I think this is already adding value. You did not buy a vessel at all.
Maybe just go out and buy deep OTM options. The odds and payoffs are similar - dismal odds but almost unlimited payoffs, occasionally.
It's a completely different skill set----- with better odds if you build or invest into the right team to vet the investments.