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In Italy, it used to be that you'd have to sink 10,000 euros, approximately, of capital into the equivalent of an LLC to create it. Otherwise, you could create
by davidw 7y ago
In Italy, it used to be that you'd have to sink 10,000 euros, approximately, of capital into the equivalent of an LLC to create it.
Otherwise, you could create an unlimited liability type partnership or something similar.
Company formation was for the wealthy.
- marnett 7y agoHaving, gaining, and increasing investment builds wealth. My largest point is projecting a binary grouping like "have" and "have nots", which is typically used to delineate the poor and the not-poor is disingenuous. The poor (have-nots) are not even in the arena. A majority of people in the world today do not have and will not have any investments of any kind ever; those are the have-nots. A more honest statement would be that the wealthiest investors would gain more power over less wealthy investors; however, that is already the case, the wealthiest non-institutional investors are free to create their own hedge funds, an extraordinary overhead - but one some take on, to gain a leg up on the little (rich) guy.