Re:Billionaires Build
by refurb on Friday December 04, 2020 @11:30PM
(#25311759)
Because at least for big moonshot ideas, it's much easier for one billionaire to bankroll some crazy idea everyone else thinks is a waste of money.
And even if you could gather the funding, you now have to keep a few dozen investors happy versus just pursuing your idea however you want.
And sure the money doesn't disappear, but would you really expect an Amazon warehouse worker who now makes $70k instead of $35k to be investing in highly risky ventures? I mean, they wouldn't even qualify to invest.
And even if you could gather the funding, you now have to keep a few dozen investors happy versus just pursuing your idea however you want.
And sure the money doesn't disappear, but would you really expect an Amazon warehouse worker who now makes $70k instead of $35k to be investing in highly risky ventures? I mean, they wouldn't even qualify to invest.