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If said company was truly innovative and satisfies the interests of consumers, I'm sure it won't have much trouble raising the cash necessary to continue being
by aduric 15y ago
If said company was truly innovative and satisfies the interests of consumers, I'm sure it won't have much trouble raising the cash necessary to continue being a law-abiding citizen.
- yoyar 15y agoThe implication of what you are saying is that the half million for this startup company will present no extra hurdle and will have no impact on their ability to compete and get started (as you stated it "won't have much trouble"). This begs the question: what amount would be a barrier to entry into the market, 1 million, 10 million? Is there any amount of regulation and cost that you would consider a barrier to entry into the market? If as you imply a half million is not a barrier ("no trouble"), why is not a barrier, why is not a hurdle?
- HeyLaughingBoy 15y agoPart of the problem is that people here are so used to cheap software startups that their frame of reference is skewed. We're talking about at $500k escrow or a (as some claim) $25k bond. $25k is peanuts in the cost structure of starting most businesses. It takes upwards of $500k just to open a McDonald's franchise but they're still growing like weeds.