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A bit of a tangent, but the dynamics in high-value investment is quite the opposite. You have people with lots of money (they do exist) who don't have anything
by radu_floricica 5y ago
A bit of a tangent, but the dynamics in high-value investment is quite the opposite. You have people with lots of money (they do exist) who don't have anything to do with that money. They want to make it grow, and often are paid or otherwise incentivized to make it grow, but it's kinda hard to find a way of making 1 billion make you 100 million in a couple of years, without doing micromanagement for 1000 different 1-million businesses.
So the market is skewed the other way: if you are a company that seems to be able to productively use a lot of money, they'll be throwing investments at you. And onlyfans is currently in a very good position to do this.
Also, from what I read the consensus seems to be their decision had nothing to do with investors (if I were an investor I'd be absolutely livid to hear it), but with payment processors, especially master card.
- ledauphin 5y agocan you explain this a bit more? Why wouldn't "invest in an index fund" be the obvious alternative to micromanaging thousands of investments?
- radu_floricica 5y agoI'm sure lots do use index funds. And I'm sure quite a few should use index funds, but waste money instead in pointless investments. But most who look for other opportunities do it for the same reason most of us don't invest in index funds even if it's the safe bet: they want more.