Investing in Startups: Don't Know the Industry
If you want to invest in and learn about an industry, it is better to learn the business directly rather than try to make money without knowledge. Putting a small amount of money like $25,000 into a startup in that field can be a good way to gain insight by observing the company, talking to the CEO, and reviewing reports, as long as the goal is to learn rather than profit from an unknown area. #Shorts