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by eeZah7Ux
2930 days ago
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> nobody in their right mind would fund things like Juicero
> US startups seem to me to be more like schemes This has little to do with mindset and a lot to do with inequality. SV has the highest percentage of billionaires per million citizens in the world.
They can afford funding pointless startups that buy each other's products - as a hobby. This also explains the incredibly high salaries and cost of living. When a good startup comes out there's enough wealth around to boost it into wild success, create more billionaires and the cycle continues. |
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