Silicon Valley Investor Ron Conway's Brilliant 8-Step Method For Making Boatloads Of Money

Joi

The best example is Google.

Now, says an admirer in the Silicon Valley startup investing scene, Conway and his firm are making his money in a totally different way.

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What he does is…

1. Cozy up to the management and investors of hot, growth stage startups.
2. Ask these investors and executives if they'd like some liquidity.
3. After management and investors say yes – they always say yes! – he goes out and asks his friends with money in Silicon Valley and New York if they would like to invest in a hot, growth stage startup.
4. After his friends with money say yes – they always say yes! – Conway creates a fund with their money, also known as a "special purpose vehicle."
5. Conway uses the fund to buy stock from some of the early investors and employees of this hot, growth stage startup.
6. Conway then accepts thanks from early stage investors for making them rich, and from his rich Silicon Valley and New York friends for including them in a deal that will obviously make them richer in the future.
7. He sits back and collects a fee, and waits for the hot, growth stage startup to go through its inevitable exit.
8. Profit.