• @[email protected]
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    614 days ago

    You seem to not understand the difference between an investment and a loan

    I have applied to a few accelerator programs and haven’t gotten a response

    One thing is to get money in exchange for ownership of the company and the other one is to get money that has to be paid back no matter what

      • @[email protected]
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        914 days ago

        It’s different kind of risk when failure means you may not eat or become homeless.

        The rich do not incur that kind of risk when they engage in “entrepreneurial-ship”

          • @[email protected]
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            113 days ago

            They were given bootstraps to pull themselves up by, so everyone else should be able to pull themselves up by their bootstraps too!

            • @[email protected]
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              -113 days ago

              My parents were immigrants themselves and I immigrated again to a different country in my 20s. I arrived with a backpack of clothes, an old laptop and money to pay a shared apartment for a few months.

              But cool story you came up with to justify your prejudice.

            • @[email protected]
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              -113 days ago

              Nope. Incorrect.

              Racism: the systemic oppression of a racial group to the social, economic, and political advantage of another

              When a system oppresses you, no bootstraps to be had.

              That’s just another white supremacy myth meant to make it look like some people just don’t try hard enough.

              https://www.ibramxkendi.com/how-to-be-an-antiracist/

              That will explain it. If you cared to do your own research instead of regurgitating the crap that’s been spoonfed to you your whole life.

      • @[email protected]
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        313 days ago

        Yes I will take marginal amount of risk but no I won’t gamble everything

        Some people get the opportunity to try things risk free, and others need to risk everything so if they fail the consequences are very negative