I’ve been dipping my toes into startup investing lately, and while the potential upside is exciting, it’s also got me thinking about risk management. My day job involves a lot of risk assessment, just of a different kind, so I’m curious how others approach this. How do you decide what portion of your portfolio to allocate to these high-risk ventures while still keeping a solid safety net intact? I’m especially interested in hearing from people who’ve been through a few economic cycles. What lessons have you learned about protecting your personal finances when chasing those bigger opportunities?