Re:TWTR
by bicknergseng on Thursday November 07, 2013 @04:29PM
(#6692531)
Recently I've been thinking about Kickstarter et al as a tech sector replacement for the stock market. What form or function does the stock market lay for companies that can be replaced with a more direct consumer/business to company investment? Is the instability and irrationality that speculation and large investment groups bring to the stock market necessary for funding/investing?
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| on HN ]
Exactly why would kickstarter be immune from irrationality, instability, or speculation?
On every trade two speculations are made, I don't see how bringing in unsophisticated retail investors would help with regard to price discovery.