Quote:
Originally Posted by barbara
It would be nice to have a list if failed businesses that were funded privately for comparison.
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There are a bunch of private businesses that fail. You can search the web for venture capital firms and see what start-ups they are funding and which ones eventually tank.
The prime difference, though, between those failed start-ups and the failed green firms listed above is the way the deals are structured. The green failures are joint ventures between government (taxpayers) and venture capital. When the green firms fail we (taxpayers) foot part of the loss. On the other hand if they succeed then VC keeps all of the profit.
The game is rigged such that we (taxpayers) never win. We only lose. It's so************************m for the rich.