Dan Romero
@dwr.eth
Welcome to @rrhoover, founder of ProductHunt! He's kindly agreed to do an AMA—starts in 30 minutes. Reply with your questions!
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phil
@phil
Would you still recommend angel investing for early stage founders with disposable income? Or do you think the alpha has moved on to other assets (incl. tokens). Related: you recently shared your "net worth" Sankey. How does it feel to have so much tied up in illiquid assets?
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Ryan Hoover
@rrhoover
Depends on what your goals are! Some people invest to make money, learn something new, grow their network, earn status within a community, etc. I spend most my professional time investing in early-stage startups where I feel like I have the strongest edge. I'm not immersed enough in crypto to trade tokens or play the meme coin game. And I don't ever buy individual public stocks because I have no advantage in that global market. So, to answer your question: I would invest in things where you have some advantage in the market. Re: my net worth, I really wish I had more liquidity haha. This is one of the biggest downsides of early-stage venture: It takes many years to materialize and there's almost no control over timelines.
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