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Recently I've been thinking about Kickstarter et al as a tech sector replacement for the stock market. What form or function does the stock market lay for compa
by bicknergseng 13y ago
Recently I've been thinking about Kickstarter et al as a tech sector replacement for the stock market. What form or function does the stock market lay for companies that can be replaced with a more direct consumer/business to company investment? Is the instability and irrationality that speculation and large investment groups bring to the stock market necessary for funding/investing?
- fleitz 13y agoExactly why would kickstarter be immune from irrationality, instability, or speculation? On every trade two speculations are made, I don't see how bringing in unsophisticated retail investors would help with regard to price discovery.