Quote:
Originally Posted by JPhillips
Once they start paying real salaries, even relatively small ones, the costs are going to rise quickly. Rich people spend money on all sorts of things, so this can be sustained at a loss, but if it has to break even or make a profit, can it do that?
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These sorts of deals often rely on profit taking down the road. Who knows what sort of investors are involved we haven't heard about, what sort of agent access might be involved, so forth & so on.
I doubt they'd be dumb enough in 2021 to put "we own 20% of your future earnings for the next 20 years" in writing in the agreements but you can bet that altruism doesn't play a role. There's a plan to generate ROI, and I doubt it's all based on selling "tokens" (or whatever that nonsense is called), whether the plan works is a whole other matter.