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I honestly have no idea what I'd talk to someone who burnt more money than I'd ever have in my life about
by vegancap 3y ago
I honestly have no idea what I'd talk to someone who burnt more money than I'd ever have in my life about
- otachack 3y agoThe weather?
- jazzyjackson 3y agocould ask about their ketamine hookup
- hkt 3y agoI'd ask if they now feel it would've been better spent on public services
- LoganDark 3y agoPublic services will eat millions and barely do anything with the money except line people's pockets. For some reason it's just more expensive when the government does it.
- fshr 3y agomaybe "barely doing anything" is better than doing nothing, though?
- LoganDark 3y agoBelow a certain threshold, throwing money at public services is just going to get it diluted. This may not necessarily be a bad thing on its own, but when even the smallest public project seems to cost way more, you're never going to know if your $10M investment helped, or if it just went into someone's paycheck.
- CapstanRoller 3y agoAre private projects better? I've never heard of a private alternative to SNAP or Medicare or Section 8, nor any interest in creating such programs.
- hkt 3y agoTrue - the UK's NHS was a product of people realising there would never be universal health care if it was left to the market.
- hkt 3y agoOpex is a valid form of public spending. Paying people properly ensures they remain as public servants.
- dessimus 3y agoThe VC is never going to spend the money on services for the public good. They will always gamble 1x money on a handful of startups, hoping that 1 hits and returns 10x, rinse and repeat. So one can choose to take the money for a chance at success, or not, but public services was never the opportunity cost.