4 ms·
> up to 10 million people > Subscriptions run anywhere from $50 to $120. Holy shit. And presumably it's all tax free. I wonder if there is some secret underg
by darksaints 6y ago
> up to 10 million people
> Subscriptions run anywhere from $50 to $120.
Holy shit. And presumably it's all tax free.
I wonder if there is some secret underground religious Venture Capital system that we don't know about.
- mbesto 6y ago> I wonder if there is some secret underground religious Venture Capital system that we don't know about. https://www.wsj.com/articles/private-equity-backed-ministry-brands-expects-to-garner-1-5-billion-or-more-in-proposed-sale-1472152217 https://www.wsj.com/articles/private-equity-backed-ministry-...
- jtbayly 6y agoThere's no reason to assume it is tax free. You can find out.
- alisonkisk 6y agoThe real value is in lead generation, getting contact info of gullible people with spare money. Lots of dubious products are marketed to religious people, a segment that are easy to soon part with their money.
- toyg 6y agoI wanted to downvote you for disparaging a massive sector of the population, although it is true that superstition is inevitably easier to peddle to people inclined to some form of mysticism. This said, there are plenty of equally "gullible" non-religious segments though ("bio/organic", homeopathy, fitness, diets, "goop", etc etc...).
- bladegash 6y agoI’m not sure if they still does it, but as recently as 2017 the Vatican operated/backed a tech accelerator[1]. It included seed funding, demo days, etc. [1] https://www.fastcompany.com/40424655/inside-the-vaticans-tech-accelerator-thats-targeting-climate-change https://www.fastcompany.com/40424655/inside-the-vaticans-tec...