Take a look at these three events in a startup business.
Man makes money buying his own pizza on DoorDash app AN entrepreneur makes money buying his own pizza on DoorDash app The owner of the pizza restaurant in the US has discovered that DoorDash, a delivery app, has been selling his food a cheaper rate ($16) then he gets ($24)for selling the same pizza.
Elizabeth Holmes founded in 2003 a start-up business for producing of a device for blood analysis. She raised 700 millions from investors and 15 years later, investors learned that they were being fooled An investigation began. Now she faces imprisonment of up to 20 years.
3. Adam Newman, Israelie, raised a company on lease of office real estate and for a decade has not earned a dime. He developed his product, at the expense of investors from invest funds every year, declaring losses, that was justified by a significant growth in business. All this did not prevent him from becoming a billionaire at the expense of the investors and even had the audacity TO SUE a Japanese investor in American State Delawer with a demand to buy back another 3 billion shares of a loss-making company.
In today's world, smaller number of people are needed to feed and ensure a normal existence of all inhabitants of this planet.
Rich states, have so much income, that it seems that they do not know where to put it. In the era where startups and a lack of ideas, competition between existing investors and start-ups lead to the these results above described. However, experts hint that this is far from the limit. Most stunning cases simply do not become public.However, despite the situation with the coronovirus, I doubt that anything will change in the startup market. After all, trillions of u$d printed by governments of the richest countries must be put somehere. GOLD is already bought
And finally, a joke.
Once upon a time there was a hare and a wolf.
The wolf askes a hare
- How are you.
I am engaged in business - the hare answers.
- What business?
-I am selling a dollar por 90 cents.
-How about profit.
-And I hadn’t counted the profit yet, but my turnover is crazy.