#11. So? Can YOU take $250k and turn it into a billion dollar company? My father in law loaned my SIL $250k to start her daycare. As you can imagine it hasn’t made her rich.
Leveraging a $300,000 (not $250,000) family donation is a lot easier than starting with $0 and trying to build it into $300,000.
Also, he paid himself a fat salary while he burned a lot of other people's cash year-after-year before Amazon stabilized, including a $2bn bank loan in 2000.
Hester,
20 years later and his rocket company has not yet managed to put anything in orbit. ... Just saying...
#11. So? Can YOU take $250k and turn it into a billion dollar company? My father in law loaned my SIL $250k to start her daycare. As you can imagine it hasn’t made her rich.
Leveraging a $300,000 (not $250,000) family donation is a lot easier than starting with $0 and trying to build it into $300,000.
Also, he paid himself a fat salary while he burned a lot of other people's cash year-after-year before Amazon stabilized, including a $2bn bank loan in 2000.
Hester,
20 years later and his rocket company has not yet managed to put anything in orbit. ... Just saying...
My father in law loaned my SIL $250k to start her daycare. As you can imagine it hasn’t made her rich.
Try me!
Leveraging a $300,000 (not $250,000) family donation is a lot easier than starting with $0 and trying to build it into $300,000.
Also, he paid himself a fat salary while he burned a lot of other people's cash year-after-year before Amazon stabilized, including a $2bn bank loan in 2000.
Hester,
20 years later and his rocket company has not yet managed to put anything in orbit. ... Just saying...