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Titan tragedy, Meta removes news in Canada + Elizabeth Yin at Angel Summit | E1767
This Week in Startups
Index Funds and Startups: The Best Place to Put Your Money
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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