▲ | startupsfail 10 days 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 10 days ago | parent [-] | |
> 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? |