“Better to have launched and lost than never to have launched at all”
Spoken like someone that uses other people‘s money. I think the statement would be different if it was their own money being lost for the startup or interest rates weren’t 0%.
Yeah, that's the point. Frankly, why do you care so much about rich people (who know full well the risks, and generally come out ahead regardless) losing their investment in one of their many portfolio startups? There are so many mechanisms to ensure that investors are made whole whenever possible.
Spoken like someone that uses other people‘s money. I think the statement would be different if it was their own money being lost for the startup or interest rates weren’t 0%.