Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by olefoo on Tuesday April 02, 2019 @07:11PM
(#19559446)
It does have a relationship to wealth inequality. On the one hand you have money seeking returns and getting caught up in zero and negative sum games while doing so. On the other you have a lack of small investors with lower risk tolerance. Both of these are results of wealth inequality.
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Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by darawk on Tuesday April 02, 2019 @07:23PM
(#19559509)
> On the one hand you have money seeking returns and getting caught up in zero and negative sum games while doing so.
This happens to retail investors all the time.
> On the other you have a lack of small investors with lower risk tolerance. Both of these are results of wealth inequality.
Citation needed. Retail investors buy all kinds of risky shit. You can do all of these same things with retail investors money. You don't need any wealth inequality whatsoever to explain venture capital.
Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by olefoo on Wednesday April 03, 2019 @01:54AM
(#19561093)
Are you referring to investors in penny stocks? I was thinking more in terms of seed investors and self-funding entrepreneurs; of which there is a real dearth at present.
Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by darawk on Wednesday April 03, 2019 @03:44AM
(#19561554)
No. You are right that non-wealthy people do not make angel investments in startups (usually). However, they could make a small investment in a fund that does so. Right now, such funds do not exist, primarily for regulatory reasons.