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So, are they burning money or making money then, what is it? There's no argument, no logic, just people seeing "Hm, billionaire, things I can't do, must be bad
by scrollaway 5y ago
So, are they burning money or making money then, what is it?
There's no argument, no logic, just people seeing "Hm, billionaire, things I can't do, must be bad"
Even in the least charitable readings, this sort of venture is so immeasurably better than the the myriad other ridiculous things billionaires do Just Because They Can.
- rbanffy 5y agoYour reasoning seems a bit flawed. If most of the money they skim off a business like this would be going back into the economy - if the owner of the company spent the money they accrue, would they still be billionaires? There's an upper limit on how much you can spend. You can own a dozen private jets, a dozen castles, but you can't be on more than one at any given time. And, by not being on any given one for longer than a couple months every year, you can pretty much avoid paying taxes anywhere.