Intro to Play Money
Yes.
It’s true, most startups fail. And the ones that win take a decade to deliver returns. But the ones that win, win big enough to offset the losses and deliver asymmetric returns. The problem is that most angels don’t take enough shots on goal to capture these winners.
Just like index funds are usually the best way to invest in the stock market, building a diversified portfolio of startups transforms the lottery-ticket-type risk of a single investment into a more predictable high-performing asset class.
If done right, Angel investments can make up 5%-10% of a responsible investment portfolio.
The Problem Is…
Building a robust angel portfolio requires a full-time job, an insider’s level of access to deal flow and serious cash. Until now.
Play Money changes all of this.
Play Money lets you build the diverse startup portfolio of your dreams without making investing a full-time job and at just about any budget.