Re:What if entrepreneurs never fail?
by MalcolmDiggs on Tuesday December 23, 2014 @01:15PM
(#8789306)
Well, what's failure?
If failure is the total loss of an entrepreneur's own capital, then VCs and Angels already do this. They (in some cases) completely insulate the entrepreneur from losing his/her own capital in the business.
If failure is the lack of a return, or the lack of profitability, then I would expect any service to lie on the typical risk/reward curve associated with all financial instruments. That is: if your service eliminates all risk, it should also eliminate all reward greater than whatever T-bills are returning.
So it's hard to imagine what kind of service you could be talking about.
If failure is the total loss of an entrepreneur's own capital, then VCs and Angels already do this. They (in some cases) completely insulate the entrepreneur from losing his/her own capital in the business.
If failure is the lack of a return, or the lack of profitability, then I would expect any service to lie on the typical risk/reward curve associated with all financial instruments. That is: if your service eliminates all risk, it should also eliminate all reward greater than whatever T-bills are returning.
So it's hard to imagine what kind of service you could be talking about.