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So a few of you know I've basically been forced to take a business class this term to graduate. First of all, as someone who's basically done hard math and logic for the past 5 years it on I can now say with confidence that I don't respect business majors at all. But alsoPermalink On twitter.com
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you learn some interesting things about capitalism. For example, data shows most sustainable and successful start-ups don't try to become billion dollar companies overnight. They make slim profit margins in niche markets for years and focus on consistently keeping everyone paid.Permalink On twitter.com
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But capitalists never invest in those companies. They spend billions on risky ventures statistically more likely to fail in hopes of getting even richer faster, as well as a potential owning stake in the next Google or something. Therefore, nothing good gets funded. It's nutsOn twitter.com