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The problem with raising from Solo Capitalists is that some are toxic individuals.
by xwdv 6y ago
The problem with raising from Solo Capitalists is that some are toxic individuals.
- WJW 6y agoI mean, sure, but the problem with raising from any source is that your counterpart(s) might be toxic. It's not like teams or entire companies are immune from developing toxic habits over time. Do your due diligence up front and you won't have to find out later.
- numair 6y agoYou’re downvoted by the crowd, but you’re 100% correct. The world of solo capitalism is a wonderful place for a bad actor to hide and thrive without having to come to terms with what’s wrong. We have to come up with better systems for accountability, for both groups and individuals. Solving this problem is a major opportunity, given the growing interest in ethical capitalism and socially responsible investing. Unlike the situation in decades past, money to be made here, so I am assuming people will work on this.
- xwdv 6y agoSeems to be the way things go around here unfortunately.
- happyrock 6y agoCan you provide an example of what you're talking about?
- flyinglizard 6y agoToxic individuals will always exist, but you are not forced to do business with them. It's pretty great.
- orprototo9393 6y agoImperfect information isn’t limited to “solo capitalists”. How absurd. Humanity is full of grifters who may be known to some but unknown to others. Trump wasn’t getting loans from American banks so he went to Germany. To a giant bank everyone knows is shady af. You think that bank couldn’t find out what’s up with Trump? Society itself doesn’t give a shit about. Society will do little all about it’s embedded institutional issues. It’s more interested in armchair expertly doing nothing but flogging the memes grandpa rammed down its throat like kowtowed babies.