> presumably, the people who seriously have $2M to invest are not just googling how to do it
If I sell my startup in a few years, it would be worth 4-10m$, and I wonder what I might do with the money. I find it funny that you dismiss the idea of not knowing how to invest millions of dollars, but when you’ve worked all your life, you don’t have time to build a network of people who can receive your investment, and you’re not used to actually having this money outside of the startup vehicle. And given 86% of billionaires of this generation are first-generation, I wouldn’t be surprised if it were the same for millionaires. I keep hearing stories of:
- Youtubers,
- Startup founded,
- Dropshipping, but not dropshippers, just people who sell services to gullible get-rich-quick dropshippers.
If I sell my startup in a few years, it would be worth 4-10m$, and I wonder what I might do with the money. I find it funny that you dismiss the idea of not knowing how to invest millions of dollars, but when you’ve worked all your life, you don’t have time to build a network of people who can receive your investment, and you’re not used to actually having this money outside of the startup vehicle. And given 86% of billionaires of this generation are first-generation, I wouldn’t be surprised if it were the same for millionaires. I keep hearing stories of:
- Youtubers,
- Startup founded,
- Dropshipping, but not dropshippers, just people who sell services to gullible get-rich-quick dropshippers.