I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.
That's one of the lamest advices I've heard in a while and I'd rather tell him to leave the money in the bank as the company may require an immediate asset to run an upgrade, develop new devices whatsoever...
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
it depends on whatever extra thought you gave him, that we ain't aware of.