🚧 👷🏾 🚧 This is WIP 🚧 👷🏾 🚧

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Inverting the Venture Model

it’s customary to state the fact that 9/10 of startups fail. This is primarily driven by the need for startups to get really big to satisfy venture math [link to eunice’s post]. To have a chance of becoming a unicorn (valued at $1B) investors have to agree with your vision and see a path to$100 million annual run rate within the next 5-7 years.

That’s a very narrow way of defining success. No wonder there’s so much “failure” in the process.

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Levels of (Fiscal) Success

people need breathing room financially to be able to afford to take risks

• that goes for everything from learning new skills to starting a business
• you can’t explore freely when you’re in survival mode

emergency savings - $10k

rent for a year - $25k

home down payment - $75k

college for one child - $150k

retirement nest egg (35 year old) - $300k