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throwaway2948

23 karma · joined March 19, 2014

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throwaway2948··on Ask HN: Is AngelList Legit?
Thank you, this makes me feel a bit better.
throwaway2948··on Ask HN: Is AngelList Legit?
Actually I've had "money back" twice from AngelList. Once a startup got acquired (for like 3-4x), another one shut down and distributed the remaining funds.

But I did not withdraw it and just reinvested to other startups, so in that sense I've never received money from them.

throwaway2948··on Ask HN: Is AngelList Legit?
Right, that's why I'm also working with the assumption they are legit. Just too high-profile not to be.

But what's to prevent a rogue syndicate from taking money without actually investing it forward...

throwaway2948··on Ask HN: Is AngelList Legit?
I would try contacting the startup to confirm they have received investment via AngelList, but conveniently their terms forbid you from contacting startups directly.
throwaway2948··on Poll: How long could you survive without income?
In mid 30s, spending $35k / year, have about $400k saved (of which I made about 25% by hard work and 75% through dumb luck). Mostly saved in a rather randomly picked stock portfolio. I am making more than I spend ATM, but I guess if all income stopped, I could survive... ? Around 13 years?

Not sure if I'm doing this wrong: http://pastebin.com/H18JijjM