Thread by @sweatystartup

@moseskagan The problem is the skill and network required to hit on that moonshot isn’t acquired until you’ve done some stuff.

You’ve got it backwards.

Start with #2. Then do #1.

@moseskagan 20 year olds don’t know how to be resourceful, how to sell, emotional maturity, etc.

And that stuff is required to lead a company to the promised land.

@moseskagan I moved boxes in my 20s. Will build a real estate firm in my early 30s. And a media company in my late 30s.

My 40s and 50s will be about my true passion, making a difference in the world.

@moseskagan And all of that stuff will be way easier because of what I learned in my 20s and the money I made and people I met in my 30s.

@moseskagan The other problem with being 20 and raising money:

The terms you get make the investor rich and make you take all the risk and do all the work.

You have no leverage.