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Ask HN: I have $25,000 to invest

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Re: Ask HN: I have $25,000 to invest

#13

If you only have $25,000 in savings, please don't invest it in a startup! Until you can write a check that you're okay with never seeing again, you should invest in more conservative assets. Technically speaking, no private startup can legally take investment from someone who does not meet the SEC's definition of an "accredited investor." The Jobs Act was supposed to change this, but that part of it hasn't come into…

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Re: Ask HN: I have $25,000 to invest

#14

If you only have $25,000 in savings, please don't invest it in a startup! Until you can write a check that you're okay with never seeing again, you should invest in more conservative assets. Technically speaking, no private startup can legally take investment from someone who does not meet the SEC's definition of an "accredited investor." The Jobs Act was supposed to change this, but that part of it hasn't come into…

it is what i think I can afford to invest keeping my nest egg safe! I was thinking of investing as partner, financially + hard work!

Putting your nest egg in a startup is very nearly a guarantee that you'll lose it. Even the best of the best are terrible at picking winning startups.

If you want to keep your nest egg and see it grow at least a little bit, you need to find something low-risk, low-reward. Startups are literally the worst thing you could invest in.

Re: Ask HN: I have $25,000 to invest

#15
$25k in the Bay Area is NOT an amount you should invest. It's something you should save for a rainy day. Of course, savings should be put into something that yields more than a checking account, but that depends a lot on how liquid you need to be.

Re: Ask HN: I have $25,000 to invest

#16
What is the best way to reach you?

I've been working on a Bitcoin related web-based/mobile software for the past few months and have a working MVP (Node.js, PostgreSQL, Angular stack although I'm flexible about using other technologies in the future - Go and React come to mind). I haven't publicly launched it yet (no traction :/) but I'm fairly certain there is a market for it and there are a few obvious paths to monetisation. The idea is novel, it's a white market (no direct competition at the moment) and the barrier to entry is reasonably high (mostly due to technical complexity and potential network effect).

I'm not sure if in its current incarnation the idea could scale to become more than a "lifestyle" business but I have some ideas. I've been thinking about the possibility of getting a co-founder and funding lately. One problem I'm facing right now is that on one hand, I want to give my potential co-founder a large chunk of equity (30-50%) so that (s)he feels motivated but on the other hand, I'd feel a bit uncomfortable about just "giving away" a few months worth of labor and expenses. Having a co-founder who is willing to throw in a small investment would solve that problem.

If you think you might be interested, shoot me an email at seekingcofounder@tempmail.de

Re: Ask HN: I have $25,000 to invest

#19
If you really want to invest it, invest it in yourself. Get a good suit. Get a gym membership. Buy educational material on a healthy lifestyle. Get a good pair of shoes. Or two. Maybe a watch. Consider upgrading your drivers license.

25K is barely a yearly salary, don't throw it away by investing it.

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