Index Funds and Startups: The Best Place to Put Your Money

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In the startup markets, and Jason can probably talk about this more than anybody, if you had put 5k into Uber and you had waited until the IPO, supposedly you would get $25 million or thereabouts. The Stripe will be a trillion dollar company someday. But most likely in many of these IPOs you're getting 10x maybe. If we even just look at those scenarios, like let's say you get 15% IRR on that 10% that you're socking away, instead of 3.74 million at retirement, you're retiring with $10 million. Just 10% of 250K or 25K is a small investment. But it's because of compounding.

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Today’s show:

Jason first reflects on the Titan submersible tragedy as he discusses the concept of ‘Toxic Wealth’ (1:41). Then, he explains why Meta will remove news content from Instagram and Facebook in Canada due to Bill C-18 (14:59). Finally, Elizabeth Yin gives a presentation live from Angel Summit on her five major learnings from 700+ startup investments (22:59).

Follow Elizabeth: https://twitter.com/dunkhippo33

Check Out Hustle Fund: https://www.hustlefund.vc

Time stamps:

(0:00) Elizabeth’s passion

(1:41) Jason discusses the Titan submersible tragedy and how money can lead to recklessness and toxic wealth

(13:40) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(14:59) Meta removes news content from Instagram and Facebook in Canada

(21:33) OpenPhone - Get 20% off your first six months at https://openphone.com/twist

(22:59) Elizabeth Yin of Hustle Fund at Angel Summit

(31:32) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(32:51) How to invest in startups

(50:17) Q&A with Angel Summit audience