3 ms·
I see, I think it's implied there that if you're not wealthy then forming a business while assuming all the liability of the business is an equally or larger mo
by avar 3y ago
I see, I think it's implied there that if you're not wealthy then forming a business while assuming all the liability of the business is an equally or larger moat to cross for the poor.
It means that as soon as you screw something up or just get unlucky you might not only lose your business, but your personal savings, house etc.
- OtherShrezzing 3y agoYou're correct, this is the opinion I was trying to get across in my original comment about the inequity in the German system relating to limited liability firms.