Quote:
Originally Posted by MisterPeabody
If money were all it took for an idea to take off then it's not a very good idea. Everyone's got money.
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Once I passed up an opportunity to buy a domain. It cost over $100k and at the time I only had about $20k liquid and could only maybe rake together $50k at most if I really strained resources.
Someone else pounced on the opportunity and sold the domain less than 4 months later for a million dollars. If an investor was part of that deal, they'd have made a nice killing without even having to sniff a deal like that out (and it wasn't easy to sniff out, trust me).
In other words, sometimes money really is all that's needed. That wasn't the only opportunity like that I had to pass up due to lack of funds available.