this post was submitted on 22 Apr 2024
237 points (100.0% liked)
chapotraphouse
13393 readers
891 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Vaush posts go in the_dunk_tank
Dunk posts in general go in the_dunk_tank, not here
Don't post low-hanging fruit here after it gets removed from the_dunk_tank
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The only truth behind the conventional "wisdom" that a billionaire made penniless could become a millionaire again within a year is ENTIRELY DEPENDENT upon their social capital. If you're a famous billionaire, you'll have people willing to throw money at your nonsense investment opportunity based purely on your name and former status.
If you're some guy nobody's ever heard of with some daddy money and you somehow manage to lose it all, you're fucked. This guy will never admit he was wrong, he was simply failed due to regulation or something.
i saw a twitter thread on this and IT'S EXACTLY WHAT HAPPENED. he used whatever social media pull he still had to create a startup for coffee sales or some shit.
It was a "coffee for dog lovers" business. Just the dumbest mad-libbed business bullshit you could come up with. Self-parody.
They already have that though. It's just called "coffee"
I hate this "entrepreneur" bullshit.
I thought it was BetterHelp but for dogs.
And then failed?
And he wasn't even homeless because of it. He spent a night or two role-playing by sleeping in a park (do you think the police would move this guy on after he explained his 'predicament'?) and then one of his 'followers' gave him an RV to live in, which he later sold back to the donor lol.