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by freyir
3680 days ago
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How much savings does the typical American family have to invest? It's around $1,000 (actually less). This investment would be a bit like a typical family investing $17 dollars in something. Or if you're going by the typical total net worth of an American (around $45k), it be like investing $800. I'm sure he's is not in the habit of frivously making bad investments, but a $500M investment has the financial impact to Larry Page that purchasing a computer has to the typical American. Except that that computer purchase will probably affect the money left over to pay for bills, food, rent/mortgage, sending kids to college, etc. so really the financial impact on Larry is much, much less. If they create something that convinces the average family to shell out $800, I'll be impressed. |
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