undefined | Better HN

0 pointsryandrake6y ago0 comments

Let me just go find a cash machine and withdraw the $X million needed to buy me a factory. Nobody’s stopping me!

0 comments

4 comments · 1 top-level

manigandham6y ago· 3 in thread

That's called venture capital, or a loan, or a mortgage; things that millions of others have used to start their own businesses. Happy to make some intro's for you. Let me know.

LunaSea6y ago

Loans with no collateral ... right.

manigandham6y ago

Sometimes. Or you give up equity. Or secure it some other way. What's your point? That it's hard to do?

LunaSea6y ago

That you can't get a loan when you don't have collateral which is the case when you are not already wealthy.

1 more reply

j / k navigate · click thread line to collapse