That's enough to start Angel investing in in the UK at least. My first round clip size is about 25k and I keep some back for the invetible future funding rounds. Being doing this for around 4 years and looking at my first exit next week (about 2.5x net). Learnt so much aside from any money I might make and my contacts list has exploded. Reach out if your UK based and want some some tips.
Hey, not OP but I’m interested (London based). What’s the best way to reach out?
Ask HN: Getting Started Investing
81–90 of 100 posts
Re: Ask HN: Getting Started Investing
#82Earlier quoted context omitted.
Might be a bit late but do you have some more info on these EU funds? I'm just a very technical guy but somewhere on the horizon there will be a point where our proto is matured enough we probably should seek some funding if we want to do something with it. Thanks.
I'm not up to date on the particulars for each country, but where are you based? Happy to help if I can.
https://www.rvo.nl/subsidies-regelingen/vroegefasefinancieri...
Re: Ask HN: Getting Started Investing
#83Earlier quoted context omitted.
I'm not up to date on the particulars for each country, but where are you based? Happy to help if I can.
I'm based in the Netherlands. After my post I went searching and found we have a "early phase funding" from the government. https://www.rvo.nl/subsidies-regelingen/vroegefasefinancieri...
Re: Ask HN: Getting Started Investing
#84Earlier quoted context omitted.
I'm based in the Netherlands. After my post I went searching and found we have a "early phase funding" from the government. https://www.rvo.nl/subsidies-regelingen/vroegefasefinancieri...
Also this https://www.rvo.nl/subsidies-regelingen/groeifaciliteit
Re: Ask HN: Getting Started Investing
#85Why not going to a hedge fund?
Re: Ask HN: Getting Started Investing
#86Re: Ask HN: Getting Started Investing
#87Earlier quoted context omitted.
In the theoretical sense, yes. The usage in the here is much softer and less strict, not like in finance. I wouldn't get too caught up on the casual usage. The way I've seen the word used in startups is more akin to "Tim Ferriss style" geo-arbitrage. https://www.physicianonfire.com/geographicarbitrage/
In what sense is geo-arbitrage associated to Tim Ferriss for you? Genuinely curious. I've listened to a lot of his podcasts but can't recall that ever really coming up.
Re: Ask HN: Getting Started Investing
#88Earlier quoted context omitted.
You seem to be aware of index funds but not of buy-and-hold index fund investing and you assume everybody is like you. I say this because an attack of index fund investing based on a prediction of low future returns makes no sense. A major point of index fund investing is resigning that you cannot reliably do better than the average. Predicting a lower market average doesn't change this. Such an investor would say th…
I'm aware of "buy-and-hold index fund investing". I believe it was a good strategy because it was an an unpopular, undervalued asset class 100 years ago and has since become very popular and overvalued. Another important consideration is that companies now go public much later than they did pre-Sarbox. The sad truth is that a company's biggest gains are generally behind them by the time retail investors are allowed i…
Re: Ask HN: Getting Started Investing
#89Re: Ask HN: Getting Started Investing
#90Earlier quoted context omitted.
Specifically recommend buying SPY (tracks the S&P). Then with a smaller subset you can speculate on individual companies/stocks after doing research.
At all time highs? sure investing today will guarantee a return in 15-30 years.. but there are smarter ways to diversify your gains (and losses) USG bonds may be a worthwhile investment over the near term. Invest less in equities right now so you can average down further and faster as the market cools. Or invest outside of the market (there is crowd funding for small businesses like nextseed)
You should read the worlds worst market timer [1]. For most people the best way is to just put all their money in stocks. Obviously not just SPY, maybe a world index, SPY and bonds. This way you can sell the bonds if the market drops and use that for living expenses, or to average out the downturn.
[1] https://awealthofcommonsense.com/2014/02/worlds-worst-market...