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Old 02-09-2004, 06:40 AM  
goBigtime
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Join Date: Nov 2002
Posts: 7,761
Quote:
Originally posted by quiet


... but i can't bring myself to do it. trust no one.... bah

I think some of the biggest people from this industry got where they are by doing the opposite:

Trust everyone that seems trustworthy and has good ideas (screening process), invest in someone new every month if possible, for what is relatively a small amounts of money compared to your income.

Split the business with them 50%

If they fail -- it's a write off against your own income.

If they do well, you make many many times over your investments.


Hmm I guess that's what being a VC is all about.
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