Why bother making startups when I can just invest in shares&crypto and make my usual 1-2% per year? Capitalism "breeds innovation" but most startups are really just "make toilet paper a subscription" or "buy from China/USA/Germany and resell". There are few startups based on actual scientific advancements.

Yes, I'm asking about investing while I'm broke

EDIT: 5% was an exaggeration

  • bobs_guns@lemmygrad.ml
    ·
    7 months ago

    The point of doing business is to stop doing CMC and start doing MCM'. Anything else is just window dressing.

    • 小莱卡@lemmygrad.ml
      ·
      edit-2
      7 months ago

      Not even M-C-M', now its just M-M' lmao.

      I really like this summary: https://jwmason.org/wp-content/uploads/2020/02/capital-notes.pdf