How to get rich without getting lucky (2018)

Re:How to get rich without getting lucky (2018) by simonh on Friday June 07, 2019 @02:56AM (#20122242)

You're kind of missing the point. The examples you give aren't useless. The vast majority are useless and die without achieving anything or are pointless financial engineering like ICOs.

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Re:How to get rich without getting lucky (2018) by cryptica on Friday June 07, 2019 @04:01AM (#20122554)

I don't see how ICOs are less of a financial scheme/scam than the Silicon Valley VC Startup acquisition funnel.

Just looking at Google alone, the number of startups which were acquihired and whose product was subsequently shut down is significant.

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Re:How to get rich without getting lucky (2018) by solarkraft on Friday June 07, 2019 @03:18AM (#20122346)

Of course ICOs are scams and I would agree that most start-ups are probably useless and doomed to fail. But to find the small portion of companies that turn out to work well, it makes sense to put money into many companies. That's the VC principle.

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