TLDR: have a chance at investing up to 500k in one of them, but don’t know a ton about this type of investing. Feels like it could become even bigger and IPO soon, or could collapse into pile of doodoo What do you guys think, what would you do? TC: 350k / HHI: 550k, NW: $1M. No home equity
It depends on how much are you willing to throw away. With that HH TC, and only a 1M NW, if I were you, assuming no kids, I’ll risk 15-25% of net-worth for the reward. Not 50%.
Anyone can do it at this point, indirectly. You can buy XYYZ (destiny 100). It has also a ton of Space X. But it has been pretty volatile. So thread with caution.
😀😂🤣 It's Net Asset Value is like 1/20th of it's market cap. And it's a shell company. You're buying 95% hype and 5% private companies.
Literally nobody knows what GenAI is good for yet
Don't put 50% of your NW in one asset, especially a risky one like a pre-IPO company with a huge pre-money valuation
Agreed. I was personally leaning towards 50k to 100k
I’m pretty sure these companies are hemorrhaging money. GPU/TPUs aren’t cheap
I know this opportunity is for Anthropic with a 50k minimum. As someone who has lost a ton of money in similar opportunities, I advice against it. Main argument I will say is that the valuations are not tied to any revenue stream but rather just made up by the founders
Maybe 6 months ago...
What changed in those 6 months?
Valuations doubled or tripled