This isn't how investing works.
This isn't how investing works. You can't just hand wave a situation in which one of the most successful tech companies ever should have offered its early shares to more people. If you went back to the early days of AirBNB and told the early members they could either have the $1,000 from renting their room or .01% of AirBNB's stock, almost all of them are going to take the $1,000. Tons of VCs passed on AirBNB because they thought it was a bad investment. I'm not against crowdfunding, I think it is great. But to pretend that angel investing is some sort of easy money is ridiculous. Companies like AirBNB which are successful are incredibly rare . Most companies fail and return nothing. Valuations for companies have also gone way up and there is no way to know whether investing now is actually a good deal or not. That is the point of investing, you are hoping for additional returns by taking more risk.
Posted by birken on Jun 27, 2015, 3:09 AM
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Raise real-world problems, find people facing the same issue, and discuss solutions.5,500 issues0 comments
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This is my biggest problem with agents, they constantly defensively code for cases that have no chance of happening and in most cases a p...
NewI wish there was something like LEAN for biology.
NewThe issue is really the extreme difficulty of programming them, especially for anything sequential (rather than combinatorial).
I probably could have beared with it if it was only limited to programming, but it showing up in creative fields has made me feel all sor...
I hate that I'm in deep enough to know what you mean.
The biggest problem with “AI” is that big corps are shoving it down our throats.
in the middel of a coding session with 5.6 sol.
[Hero Run] 535B-A23B on 18T tokens
This isn't how investing works.
This isn't how investing works. You can't just hand wave a situation in which one of the most successful tech companies ever should have offered its early shares to more people. If you went back to the early days of AirBNB and told the early members they could either have the $1,000 from renting their room or .01% of AirBNB's stock, almost all of them are going to take the $1,000. Tons of VCs passed on AirBNB because they thought it was a bad investment. I'm not against crowdfunding, I think it is great. But to pretend that angel investing is some sort of easy money is ridiculous. Companies like AirBNB which are successful are incredibly rare . Most companies fail and return nothing. Valuations for companies have also gone way up and there is no way to know whether investing now is actually a good deal or not. That is the point of investing, you are hoping for additional returns by taking more risk.
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