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by a-dub
1805 days ago
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if the property-salary ratio is small, then what's the point of selling to fund a startup? sounds like it wouldn't provide much runway. anyway, i don't mean to be judgemental. i'm just thinking aloud i guess, i've known a lot of computer people over the years and some have been spectacularly successful in industry, but i'm pretty sure that no one had substantial equity in property by that age. (or even a mortgage or deed) to answer OP's question: i don't really know. conventional wisdom is that you should always find investors (not that you shouldn't have skin in the game) but that it's a gamble and they'll be better (and more prepared to take a loss) at making an educated bet than you are. that said, the technology sector is well known for nontraditional and unusual paths to success, so i suppose an argument could be made either way. i guess the big question is: do you think you can do it and do you have the right people to help guide you along the way? |
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