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Trying to roll back the clock to the golden age of Islam is not something you’d expect to find in HN’s comments section. Liquidity fits into your world view ho
by ctvo 5y ago
Trying to roll back the clock to the golden age of Islam is not something you’d expect to find in HN’s comments section.
Liquidity fits into your world view how? In its most simple form: A business or person needs money to buy resources to make things to earn money. Do they go to the Sultan and beg for a loan based on charity?
- azth 5y ago> Trying to roll back the clock to the golden age of Islam is not something you’d expect to find in HN’s comments section. Why, because most people are not familiar with Islamic history? :) > A business or person needs money to buy resources to make things to earn money. Engage in a fundrise not dissimilar to what people do today with VCs and startups. The investor(s) contribute money in exchange for a portion of the business. If it succeeds, both parties make money, if it doesn't, the investor loses money, and the business owner loses money and effort he put into it. It's true risk sharing.