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What else are they going to lose? Money is kind of a big deal and unless a failed business owner gets a finger taken it is the biggest thing to lose That's a m
by short12 5y ago
What else are they going to lose? Money is kind of a big deal and unless a failed business owner gets a finger taken it is the biggest thing to lose
That's a major risk
- staunch 5y agoBesides money, entrepreneurs invest a lot of time and energy. Buying on one market and selling on another is not much more than gambling/speculation/trading. Seems like a real stretch to call it entrepreneurship.
- TeMPOraL 5y agoAnd, importantly, it's also their money. Perhaps personal, perhaps a loan. But they don't get to just pull in VC funding under the assumption that they can burn through it, close shop, and carry on like nothing happened. This is the real entrepreneurial risk.