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The annoying part, a lot of money could be funneled into these unworkable businesses in the process, crypto being a good example. And these unworkable businesse
by startupsfail 2y ago
The annoying part, a lot of money could be funneled into these unworkable businesses in the process, crypto being a good example. And these unworkable businesses tend to try to continue getting their way into the money somehow regardless. Most recent example was funneling money from Russia into Trump’s campaign.
- bubaumba 2y ago> The annoying part, a lot of money could be funneled into these unworkable businesses in the process, crypto being a good example There was a thread here about why ycombinator invests into several competing startups. The answer is success is often more about connections and politics than the product itself. And crypto, yes, is a good example of this. Musk will get his $1B in bitcoins back for sure. > Most recent example was funneling money from Russia into Trump’s campaign. Musk again?