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To All the Folks Who Are About to Be Rich You did it. Congrats! All your hard work and lucky stars and ancestors' sacrifices have led you to this day: your stock is about to be liquid. And you are about to be rich. I use the word "rich" quite loosely. It means different things…↗

There are three key ways to get rich: 1. Start a Business 2. Be Born Into a Wealthy Family 3. Extreme Patience Everyone likes the stories about #1 and #2. Nobody likes to hear about #3. Too bad. Today, I'm going to tell you a story about a guy who made billions with #3...↗

What’s an easier path to wealth? PATH 1: VENTURE STARTUP - 95% chance of $0 - Tiny personal income while building startup until IPO/scale - Massive dilution (most founders end up owning 5-15%). $1BN market cap = $50-$150MM for founder. OR...↗

·@awilkinson·Jun 3, 2020·essay·founders·startup·venture·wealth