After selling Printfection, I thought the hard part was over.
Then the money hit and the real question was:
Can a finite portfolio support the life the exit was supposed to make possible?
Why I ended up building around risk parity:
https://t.co/9yQuKaFUUs
@asmartbear This post was super helpful to me, years ago, when I was deciding to sell my business (or not).
Thanks for writing it.
I also decided to sell and it was the right decision 100%
Cool use of swag to build community. Exits are super tough and should absolutely be celebrated!
The CEO of @techstars helped do some early mentoring of the startup I sold (@printfection) and became a customer of our swag marketing platform, even though I was never formally part of Techstars! Great person genuinely wanting to help early stage founders.
A Techstars Gold Shirt isn’t just a milestone, it’s a symbol of courage, innovation, and lasting impact. 💛
Last week, we honored the Techstars founders who’ve achieved an exit by celebrating their dedication, hard work and vision during our Gold Shirt Celebration.
Join us in congratulating these founders!
@jasonlk Sold my company as the ~ #2 so to speak. Bootstrapped, relatively cheap compared to others that had raised megabucks. Living proof this can work!
Just installed the chatgpt mac app, and I’m hooked. Having a quick keyboard shortcut (option + space) for instant AI brainpower is game changing—even for the smallest tasks, edits, or quick brainstorming sessions without interrupting my flow.
@denk_tweets@beehiiv This looks amazing. It doesn't even have to be *that* amazing because it's integrated with the email database + sending infrastructure. Can't wait. Now all you need is a community / forum element and I can ditch Circle
@ianmatthewroth@denk_tweets@beehiiv The power is the email, subscriber database AND website all-in-one. Even if it's less powerful the integrated combo is more powerful and easier to use. See: Hubspot.
@DENAirport overcrowded train from concourse to terminal, and massive traffic jam (30 minute delays) on Pena getting out of airport. Capacity upgrades needed! This happens most Sunday evenings!
This is the main reason I'm so passionate about risk parity investing for individual investors...
It's a way to life hack your way to a bunch of extra good years you wouldn't have had otherwise.
@naval says it best
Learning how to construct a continuous futures contract for accurate backtesting.
Much harder than it should be. All financial media websites basically quote historical futures prices incorrectly. No web-based data source I'm aware of if you want to understand the price history / return % if you were to hold a futures contract for a long time (similar to how you hold a stock for years)
Reminds me a bit of the promotional products industry that I came from. Complexity everywhere because this used to be the domain of professionals only (but now anyone can buy/sell/roll futures contractsfrom their iPhone, I do it quarterly it's super easy operationally)
Any semi-motivated DIY investor can quickly learn how to buy, sell, and understand basic futures contracts like the two-year US treasury bond.
Very useful to know how to do this b/c futures provide insanely useful leverage so you can leave all your $ in stocks but still get downside protection of bonds without tying up your capital.
Will continue to write a lot more on this in coming months/ years.
Here's an academic article that helped me the most in my early stages learning about this:
https://t.co/gxVR8VE40k
I plan to simplify the hell out of this for other DIYers in due time once I've mastered it myself.