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Now you have to convince millions of people to give you funding
There are examples of people doing this. Cooperatives can be owned by the workers or by the customers. They’re usually cheaper too.
They don’t have the “move fast and break things” mentality however because by nature they don’t have a billionaire sponsors, so it’s harder to complete in a venture capitalist world. It’s when big money dries up, like the great depression, when you’ll see them popping up.
There are examples of people doing this. Cooperatives can be owned by the workers or by the customers. They’re usually cheaper too.
They don’t have the “move fast and break things” mentality however because by nature they don’t have a billionaire sponsors, so it’s harder to complete in a venture capitalist world. It’s when big money dries up, like the great depression, when you’ll see them popping up.