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The combined wealth of workers is usually more than enough to start a company. The only reason it doesn't happen is that the workers don't want to risk their ha
by username90 7y ago
The combined wealth of workers is usually more than enough to start a company. The only reason it doesn't happen is that the workers don't want to risk their hard earned cash.
- newsgremlin 7y agoThe risk most fear is losing the ability to provide for yourself and family, for most people that is only one or two significant financial mistakes away.
- ForHackernews 7y ago...which is another way of saying they lack the surplus capital to speculate on starting a company.
- deleted 7y ago[deleted]
- pytester 7y agoThere are plenty of businesses where entire countries don't have enough capital to start a competitor (e.g. oil companies, aircraft factories). It's called capitalism, not "I have an idea-ism" for a reason. There are some businesses that operate in markets with low barriers to entry but they tend to be A) new and extremely risky or B) hypercompetitive.