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For just part of $350m, you could comfortably bankroll 20 small businesses to effectively create the dynamic you wanted. Couple that with some drawcards to lure
by prawn 6y ago
For just part of $350m, you could comfortably bankroll 20 small businesses to effectively create the dynamic you wanted. Couple that with some drawcards to lure tourists across, free travel, etc. That would've worked.
- blnqr 6y agoYou got that right, 20 startups or even 200. And they might have made a great return. Instead, they focused on bars and public art (which I think is cool btw) and made a fundamental real estate mistake by loudly announcing where they were going to buy and how much they had to spend.