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This model is borrowed and adapted from venture capital. It's based on return on a risk. As in VC, many ventures fail or have minimal returns, yet VC as a model
by abstractalgo 7y ago
This model is borrowed and adapted from venture capital. It's based on return on a risk. As in VC, many ventures fail or have minimal returns, yet VC as a model is successful. Why? Because small percentage of those makes up for the loss on all the other investments. It's a "game of numbers".
As in VC, amount of success would vary. Smart choices would lead to good outcomes, and all is up to you if you're willing to take such risk and what choices to make.
- jerriep 7y agoI understand that. My issue is with the fact that (a) you make claims about earning more which you cannot back up with numbers and (b) you do not have any obvious disclaimers stating that this is a high-risk proposition and that the freelancers may just as well never see a single cent of return on their time. So I am taking issue with the fact that your claims are deceptive.