Mark Cuban's terrible idea

http://www.projectidealism.com/2011/08/mark-cubans-terrible-idea.html

by awicklander • 15 years ago

8 3 15 years ago

wccrawford• 15 years ago

Propping up the old guard is rarely good for the common man. It can hold off chaos for a short while, but the longer you do it, the worse things get. It should be a means to an end, not an end in itself.

I think our country has forgotten how to think long-term. Our constitution was obviously written by long-thinkers. It's remarkably sound. Unfortunately, they expected people would continue to think long-term, and that hasn't happened. They even put in a ton of checks and balances to make sure things got done, and we've systematically overridden them for short-term gains and 'emergencies' that never go away.

IanDrake• 15 years ago

I have to agree with this post. Mark is a really smart guy, but I'm not sure his idea is practical from an implementation point of view nor would it have the desired effect.

I would say, given the value of LinkedIn shares right now (P/E over 300), there is more capital available than there are good people and businesses worth funding.

Honestly, I think we're being crushed by regulation or in some cases paralyzed the fear of it. We've gone from a nation of do-ers to a nation of let me check with my lawyer first.

There are laws preventing regular people from investing in non-public companies, laws preventing competition in markets, laws making it difficult to hire/fire employees, etc...

test745• 15 years ago

I don't understand. It's better to save jobs than to create them. It's better to dig a hole with 100 shovels than with 10000 spoons. It's better to dig a hole with 1 excavator than with 100 shovels.

Mark Cuban's terrible idea

Related Stories