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Banks and investors make money by doing nothing; they write a check, they get a check back for more than the original. That's grossly unfair but I think you kn
by dschobel 16y ago
Banks and investors make money by doing nothing; they write a check, they get a check back for more than the original.
That's grossly unfair but I think you know that. Without the initial capital there would be no Zappos to speak of.
The conclusion that people should be drawing is the same one we see time and again on HN, choose your investors carefully.
- loewenskind 16y agoThe banks and investors are investing in enough places that the risk is pretty minimal. Some people would tell you the ones who simply invest money are putting the most on the line. In the case of the majority of investors, this is completely rediculous.
- deleted 16y ago[deleted]