Comment the amount you invested in a startup vs how much it ended up making

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As a founder, around $300k cash plus about $2-3 mil opportunity cost to build a biz that generated about $2 mil/year. In the long run I broke even even though at one point valuation was north of $10 mil.

Another biz I flipped for $1 mil in a couple of years.

As an angel investor, I don’t have a great track record. I’ve put in $10-$30k each in around 8 companies, none of them paid me back.

I’ve been more successful with my consulting biz and foreign microlending. All the microloans I made to US entrepreneurs defaulted. I have better luck in Africa and Asia.

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