Good discussion and content. As you demonstrated, you have access to people and information relative to this market niche that the average investor does not have. Without using the word gamble, you reinforced the fact that it was really a game of chance, which I feel is both accurate and necessary. Vegas has many games with better odds of winning but with a lower upside possiblility. Both a stength and weakness is the humans ability to rationalize. As long as the individual investor keeps things in perspective and can afford to lose their stake without regret, place your bet and take the gamble with a negative expected return. Personally, I don't use the word investing for these type of transactions.
I’ve had so many of the same questions! I consider myself an above average investor but there isn’t enough content from a beginners perspective on these concepts. Thanks for walking through your thought process. I learned so much!
Katie, great episode. I felt your anxiety about this decision. Do you have a target or recommended percentage to invest in start-ups? For example, I budget 1% of my net worth for collectibles investments like comic books. I spent half of that percent and have the extra half for speculation. I think as long as you aren't investing/risking more than 5% of your net worth on start-ups, you would be have a successful financial future. Well... maybe 2.5%? Haha.
Good discussion and content. As you demonstrated, you have access to people and information relative to this market niche that the average investor does not have. Without using the word gamble, you reinforced the fact that it was really a game of chance, which I feel is both accurate and necessary. Vegas has many games with better odds of winning but with a lower upside possiblility. Both a stength and weakness is the humans ability to rationalize. As long as the individual investor keeps things in perspective and can afford to lose their stake without regret, place your bet and take the gamble with a negative expected return. Personally, I don't use the word investing for these type of transactions.
Key take away, do not invest in companies you do not understand and money you are not prepared to loose.
I’ve had so many of the same questions!
I consider myself an above average investor but there isn’t enough content from a beginners perspective on these concepts.
Thanks for walking through your thought process. I learned so much!
Thanks so much for watching! I appreciate it, and glad you found it helpful 😅
Katie, great episode. I felt your anxiety about this decision. Do you have a target or recommended percentage to invest in start-ups? For example, I budget 1% of my net worth for collectibles investments like comic books. I spent half of that percent and have the extra half for speculation. I think as long as you aren't investing/risking more than 5% of your net worth on start-ups, you would be have a successful financial future. Well... maybe 2.5%? Haha.
How do I invest with PIN?!
Have you done Fundrise's Innovation Fund for Start-Ups and Smaller Companies?
I really enjoy watching your page. Thank you for all the good content.
Awesome episode - great work Katie! Learned a lot - actually gonna go check out PIN now
Thanks, Samuel! I appreciate it - let me know what you think!
Love this!
Thank you!!
How do you only have 15k subs?
😭
I have the same risk appetite as your friend lol but i minimize risk as much as i can
I'm with ya 😅
Wise beyond your years!
Thank you!
✌️