July 2020
Beginner
54 pages
50m
English
book
Red Yellow Green: What Color is Your Money? The survival manual for gig workers and consultants
by Noah Gift
Content preview from Red Yellow Green: What Color is Your Money? The survival manual for gig workers and consultants
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Chapter 12: Optimizing the Company You Work At
Working for Venture Capitol Funded Companies
Why don’t people investing for their retirement pick a “hot” stock and put all of their money into it? The reason is that most people don’t want to gamble with their life savings. They would prefer to have a diversified retirement plan that invests in many companies. Venture Capital works the same way. They don’t spend all of their time and money into one company, that bet on many companies knowing that of the hundreds they invest in one will be a wild success.
What does this mean for an individual employee of a Venture Capital funded company? The probability of success is very low. One way to look at the opportunity is to look at the expected value. ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.