Re:Well, We Failed – Wattage is shutting down
by daenz on Tuesday May 05, 2015 @03:24PM
(#9494379)
Reminds me of Mitt Romney's entrepreneurial advice: "Borrow money if you have to from your parents." Such a disconnect. Must be nice to have parents to be able to bankroll your businesses, Mitt.
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My parents (who owned a house) offered to lend me five figures to buy a house, together with my savings I think that would have been enough to bankroll a small business. I earn more than they do these days. I think Mitt's advice is valid for middle class families who don't max out their credit to spend on cars and holidays.
Re:Well, We Failed – Wattage is shutting down
by jeremybell on Tuesday May 05, 2015 @03:37PM
(#9494461)
Why would you immediately think it was my parents? Sigh.
I don't think it was a slight on you. Just the idea that some people (again, not you) think that it's easy to get access to this sort of cash (or even 1/10th, or even 1/100th of it) to "bootstrap" themselves to success (bootstrap in quotes because relying on cash from others isn't equally feasible and I'm not sure if it's really pulling yourself up from your bootstraps).