For an investor in a startup, quick return on investment is as simple as writing a check now and depositing some related money later. But what if the company becomes a healthy and happy company that grows and becomes independent and never creates any liquidity for its investors?

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Written by bplans
4818 days ago

Duncan, your point is well taken. It takes just under 7% interest compounded annually to turn $50,000, and those rates are unheard of these days. It's tough to get better than 2% anywhere. But these are strange times. It wasn't that long ago that interest rates of 5% and 6% were common for CDs, but not any more. Sorry, call that exaggeration for effect. My bad. Tim Berry



Written by businessavante
4844 days ago

Tim, where is this "bank with decent interest" you speak of? In 5 years $50k turns into $70k on bank interest?? I'll not only switch banks, I'll move across country!

Duncan



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