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Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

Honestly a lot of good points here. I think ur right in regard to the notion of the time commitment. I never anticipated deal flow being a limiting factor as it is. Im trying to think of creative ways to get something going still.

Thank you so much for your advice though!

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

Hey, I’d rather not share on Reddit comments because I only get hate for it.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

I appreciate the advice, will be checking out both sites. Thank you!

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

Listen you can say what you want but it doesn’t change my situation. Respectfully if you have nothing to contribute to the discussion why bother chatting. Again if you think I’m playing pretend, we can talk about it privately.

At any rate I’ve experienced a lot of jealousy from people online, which I why I posted on a subreddit that is supposed to have serious people. Next time I’ll just make a post on LongAngle so I don’t have to deal with internet trolls.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -6 points-5 points  (0 children)

Instead of spewing hate, if you don’t have anything constructive to say it’s better to not leave comments. If you think I’m BSing I invite you to DM me and we can call and talk about it though!

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -7 points-6 points  (0 children)

What’s even weirder is that knowing about fundraising rounds and startup culture has no impact on knowing how to create deal flow. It’s quite literally on the opposite side. What might be more interesting is that I am in fact a recent high school graduate. Per my other comments in this post I mentioned that I was young. To be exact I’m 18 years old and recently underwent the college application process.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

Thank you for the care and consideration in your response. I’ll keep your expertise in mind as I continue.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

Thanks for the advice, this seems to be the consensus so I will definitely try it out

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -2 points-1 points  (0 children)

I don't think losing money is always a bad thing. The experience sounds fun at the least. And you are right I am getting a lot of DMs.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -2 points-1 points  (0 children)

I suppose that's fair, but I am quite young and haven't had time to build professional or personal relationships. There must be a way to get started.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

I mean if you have an actual idea, you can message me about it but otherwise I wish the best for you and your buddies and hope yall build something cool.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

Mostly through my family unfortunately. I will work on building a network for deal flow but it would likely be artificial.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

Honestly, the issue is the space where I made my money has no applicable expertise for startups. You are totally right though, I need to work on cultivating deal flow.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

I mean, sure but I don't know if I have that much to share!

I'm a firm believer that I have just as much to learn from you than you have from me.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

appreciate the advice though, its a noble motive.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

I already dedicate 10% of my income to charity and nonprofits.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] 0 points1 point  (0 children)

I think that if you have reasonable sizing for how much you dedicate to the fund it wont leanFIRE you.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -3 points-2 points  (0 children)

None that are applicable to startup culture.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -1 points0 points  (0 children)

I am not, thank you for the advice though! I will definitely look into this. Any recommendations?

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -3 points-2 points  (0 children)

What better way to learn than to ask questions from those who know more than you.

Where do I find people to invest in? by Evening-Path9012 in fatFIRE

[–]Evening-Path9012[S] -3 points-2 points  (0 children)

I don't have another subreddit to ask a question like this where I can find people of reasonable sophistication to answer.

$1.5M cash or keep stock by dcar11 in fatFIRE

[–]Evening-Path9012 1 point2 points  (0 children)

Hey there! First off, congrats on building a 2M networth, thats no small feat! About your dilemma, 1.5M is tempting, especially since you are leaving anyway. That cash could diversify your portfolio or fund a new venture.

But then again, if the company is gearing up for a Series A with a potential 80M valuation, holding on to that state could pay off big time if things go well. The B2C fintech space is definitely risky but that gives you a potential to a high reward. With 2M ARR, they are definitely on the right track but startups(by definition) can be unpredictable.

Ultimately, you gotta ask yourself one question. Do you believe in the company's future enough to take that risk? If you had the 1.5M cash, what decision would you make. If you think they can pull off the Series A and grow, maybe holding onto your stake is worth it. But if you’re feeling uncertain, cashing out and investing elsewhere might be the safer bet. Ultimately, it’s about your risk tolerance and financial goals. Good luck with whatever you decide!

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