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I like the astute observations being made, but I'd like to suggest that leverage is a bad thing for startups in a developed economy. I think everything stated
by rafefurst 17y ago
I like the astute observations being made, but I'd like to suggest that leverage is a bad thing for startups in a developed economy. I think everything stated still holds if you substitute "equity investment" for leverage, and the result for everyone tends to be better.
- dstorrs 17y agoThey aren't using the term "leverage" in the financial sense (investing money that you borrowed). By "leverage", the article author means "ability to control a situation and/or make your dream come true."