Mon.Dec 24, 2018

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Preparing to Start a Company

This is going to be BIG.

It’s that time of year again—the season of people quitting their jobs soon to start a company. I don’t know whether it’s New Years resolutions or end of year bonuses, but I feel like there’s a bit of a peak in people wrapping up previous things looking to start something new. If you’re going that route—here are a couple of things I would suggest: Have at least six months of personal expenses in the bank —and that’s only if you know you can at least get some angel capital based around your connec

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Risk And Reward

Haystack

I’ve been thinking about the timeless phrase, “risk and reward.” Entrepreneurs and investors both need risk in order to reap a reward. Of course, founders and early employees often take very different risks than investors do. There are always examples to break the rules, too — successful, repeat founders who become LPs in funds and/or invest on the side (even on a side fund), or investors who branch out on their own to start their own franchises.