3 ms·

This is a bad argument because every failed business has the same effect.

• busterarm 4y ago
  Not at all. Trying out a business model is okay. That conveys valuable information to the market and others who might attempt the same. It might be viewed as a bad investment but it's valuable to attempt and fail. It's not stealing opportunities from people. Operating a straight up fraud is _just_ stealing from people. If you worked for a business that failed, that's not going to prevent you from getting your next job. There's no harm to you personally for having worked there. On the other hand if you worked somewhere that perpetrated a fraud, then that will actively harm your future. Also, failed businesses that attract VC money don't usually fizzle out...their IP and customer lists get acquired at a discount.
• ulizzle 4y ago
  Every failed business isn't a fraud. Bad take.