WigglyBanana
WigglyBanana
18mo

I’ve taken a pay cut twice in life: Thought Process

Think of it as being a VC for yourself. You’re consciously financing your personal burn, your my savings, for future payoffs, and it’s a bet on you (like a VC does to a startup).

18mo ago
GoofyDonut
GoofyDonut

Except VCs don't use their own savings to finance personal burn. No matter the result of the bet, VCs get a payoff.

WigglyBanana
WigglyBanana

Most don’t, they have LPs yes, but that’s besides the point I think

Angel investing bol lo fir :p

SquishyQuokka
SquishyQuokka
18mo

(perceived risk / reward) tradeoff

BubblyPanda
BubblyPanda

Absolutely. I have taken cuts due to changing countries. It’s the things in life that they don’t pay you for that get you.

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