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Nobody would be willing to start a risky business if it could ruin you in case of failure.
by danbruc 13y ago
Nobody would be willing to start a risky business if it could ruin you in case of failure.
- thaumasiotes 13y agoThat was the case for essentially all of human history, and remains largely the case today. Risky businesses have been starting, running, failing, and succeeding all along.
- res0nat0r 13y agoThat's because they've formed LLCs to prevent the owners from being personally liable.
- zo1 13y agoThat's a very negative and demeaning view of humanity. I think we're way too ingenious and creative to let risk stop us from doing amazing things. Perhaps if something is risky, then maybe it shouldn't succeed, ever thought of that? Perhaps risky things come with greater rewards precisely because they are more likely to fail?