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Because when a company goes down, everyone working at that company loses their job. The business owner isn't the only one that suffers for "trying".
by RussianCow 11y ago
Because when a company goes down, everyone working at that company loses their job. The business owner isn't the only one that suffers for "trying".
- aantix 11y agoFollowing that logic, everyone who loves will probably be broken hearted at some point.. So probably shouldn't try..? You take chances. Sometimes they pan out, most of the time not, but it's all part of life. We're all going to die anyways.
- nikdaheratik 11y agoIt's not just about "jobs" it's about opportunity costs. If tons of money is invested in marginal businesses that don't pan out, then we end up with a zombie economy that is busy performing useless labor/services and we end up stuck like Japan has been for the past decade or more. If the same money is invested in good ideas that pay off, we end up with everyone being better both financially and we have better tech and services. Part of the reason why these marginal businesses can get along is because borrowing has been cheap and there has been a shortage of good ideas to invest in, so it's a catch-22.