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>And if the internet thing doesn't turn out to be profitable? Ah well, the capital that financed it probably came from outside anyways... So like paying one cr
by babyrainbow 10y ago
>And if the internet thing doesn't turn out to be profitable? Ah well, the capital that financed it probably came from outside anyways...
So like paying one credit card bill with another credit card. Right?
- giarc 10y agoExcept those outside investors won't be paid back if it fails.
- gondo 10y agoisn't that exactly the same risk for any other kind of investment? if it works out, you get paid, if it fails you loose your money
- giarc 10y agoYes, but my response was in reference to the comment that SpaceX internet endevour investment was similar to paying one credit card with another. In that case, the credit card companies will come knocking. In the SpaceX case, the investors involved with the internet business, if it fails, won't come knocking the same way a credit card company will. They may be entitled to some IP and physical goods, but they can't just ask for their money back, plus interest.