• space_iio@sopuli.xyz
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    1 day 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

      • space_iio@sopuli.xyz
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        14 hours 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

      • seadoo@lemmy.world
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        1 day 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”