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Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk by eptcyka on Friday August 16, 2024 @01:20PM (#41268362)
Banks dont want to lend money to them as often/much/favorably, coops usually don’t want investment.

To start a business you need capital, if you have enough on your own, you do not need a coop, much more difficult to convince a group of people to risk together unless they’ve all had previous experience with one another.

Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk by s1artibartfast on Friday August 16, 2024 @03:16PM (#41269443)
Why would Banks shy away if they are more productive and have better margins?
Re:Former Google CEO Eric Schmidt's Leaked Stanford Talk by eptcyka on Friday August 16, 2024 @03:39PM (#41269626)
Banks calculate risk by looking at data, and there is far less of it for coops. And they are often irrational actors.