3 ms·

Does that mean investment is also inefficient?

• nielsbot 1y ago
  how is that related?
  • brookst 1y ago
    Profit is literally the return on investment. Would you invest your money in a startup that guaranteed no profit? Profit is essentially interest. The only reason new and growing companies get funded is because the EV of future profits (including the probability of losing everything) is higher than just stuffing that same money in S&P 500.
• MangoToupe 1y ago
  Yes; absolutely.