saul-your-honor So here's the plan. Buy up a shit ton of ads and hire thousands on credit. Then when we win we can pay them all off with plenty to pocket ourselves! What could go wrong?

[–] daniyeg@hexbear.net 15 points 2 months ago (1 children)

it can literally not go tits up. it's foolproof. risk management? who's that?

[–] mermella@hexbear.net 4 points 2 months ago

My tits are so jacked I’m scared to look down

[–] WhatDoYouMeanPodcast@hexbear.net 19 points 2 months ago (1 children)

Is that not how venture capital works? I thought that was the premise of the entire US economy.

[–] daniyeg@hexbear.net 12 points 2 months ago (1 children)

for investors sure but for the workers the stock options and stuff like that are a bonus on top of salary. i don't think even cryptobro programmers would work based on a token that only pays out 6 months later with a 5% chance.

[–] WhatDoYouMeanPodcast@hexbear.net 9 points 2 months ago* (last edited 2 months ago)

I guess I was thinking that every business is basically a gambit where you take on as much debt as possible to trebuchet yourself into profitability hoping that an established company buys your out. If you have money to pay people it's by virtue of the debt-buyout cycle. Then you get wealthy by virtue of 6/10 of your dogshit ideas succeeding while 1 of them goes parabolic. Before that it's basically hard gambling on one idea surviving the chaos of business ownership.