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They service low interest debt and a lease price locked in for 10 years Distribution of failure probably won’t be worse than before for new entrepreneurs Peo
by vmception 6y ago
They service low interest debt and a lease price locked in for 10 years
Distribution of failure probably won’t be worse than before for new entrepreneurs
People with money or access to capital are in a different world than people without
- papito 6y agoThe difference is risk. If I take a risk like that, I end up living with my parents. They just fail and move on to the next failure, or a success.
- vmception 6y agoYep, there is a survivorship bias because they get to try multiple times in quick succession, compared to once every ten years, or just once, or never.