patrick.net

Liquidity is everything. Lots of businesses seem to absorb endless money without profit because they are bankster sheltered. I noticed the Lord of the Rings flop on Amazon came back less woke, but still, who keeps giving the DEI crapsters their money in spite of general public revulsion? MSNBC is a big financial loser, but the Globalists prop it up as propaganda engine to the tune of hundreds of millions a year.
So, if 'somebody' wants you in business, you'll stay in business. If they don't, they choke your loans, liquidity and grants. Often, good ideas yield to piracy from better financed sources or wither from lack of finance to get off the ground.

As a for instance, Facebook was a DARPA project Lifelog, that cost half a billion dollars to develop. The day the DARPA Lifelog ended, Facebook began and was handed to ZuckFuck on silver platter (ZuckFuck is Rockefeller related). They would pour money into Facebook endlessly to maintain its spy and surveillance function. The mythology behind Facebook humble origins at Harvard is baloney.

Most of the 'garage' story rags to riches internet companies are bogus. They are dynastic kinder handed developed projects to be coined 'billionaires' for affect while being political or military in origin. It's part of the movie. It doesn't matter what the public believes, as long as what they believe is lies and manipulation.

DemocratsAreTotallyFucked says

85% of AI Startups Will Be Out of Business in 3 Years

Isn't that stat true for pretty much all startup businesses?

I don't even care about AI. I don't trust a damn thing I see on TV anymore, not that I watch much of it. Even what I read. I'm kind of at the whatever point, we're doing 1984 I guess. I can't stop it.

That's why I comment here so much. I don't trust what I'm reading and watching. At the point if I didn't see it, it didn't happen mode. Maybe it was always this way. Doesn't feel like the country/world I grew up in.

HeadSet says

DemocratsAreTotallyFucked says

85% of AI Startups Will Be Out of Business in 3 Years

Isn't that stat true for pretty much all startup businesses?

It's better than stat for restaurants: these die at the rate of 90% in the first year.

I think you start restaurants to keep cash under the IRS radar, sell drugs, or keep a numbers or gambling table in the back. If you are lucky, the local syndicate will reward you for money laundering and maybe hang out at the place. Many are family owned because getting somebody honest at the cash register is nearly impossible.

Otherwise, you are at the mercy of local citizen bastardos who will trash your reputation because you didn't comp them for something.

WookieMan says

Doesn't feel like the country/world I grew up in.

It isn't.

yep, just like a lot of internet companies went bust in 2000 during dot-com-bubble-bust like Garden.com and Freei Networks

Mark Cuban got lucky with Yahoo stupidly buying Broadcast.com

Ceffer says

I think you start restaurants to keep cash under the IRS radar, sell drugs, or keep a numbers or gambling table in the back.

Mostly this. Drugs are a biggie and cash to the owners tax free. One local bar for sure is moving coke... not the drink. Was just there Saturday. The place makes my skin crawl. I have my fun, but they're not subtle about it. I can see a junkie a mile away. I'm done with any drugs.

I can't stand druggies that make it so obvious. Owners are drinking on the job. Service sucks. Usually wouldn't go. Weird night. But there was a Dead cover band and I know the guys so we caught the 2nd set. Cheap beer as well. Not sure how they make a profit. Takes an hour to get food and it's below average. I'm a Michelin chef compared to these hacks. But small town. I just don't eat there.

One life long "friend" kind of, made the waitress cry. On the tip line he wrote get a new job... It was embarrassing, fortunately I wasn't near him, just saw it. You can't fault her because the owners suck at owning a bar/restaurant. This place needs to be on Bar Rescue.

What % of restaurant bills are paid in cash? I do know of a few Ice Cream Parlors (mostly cones and soft serve) that only accept cash. I always thought that was a smart move. For years, I'd pass a great ice cream shop and if I had cash, it was a good day since I could stop and buy a soft serve ice cream cone.

GNL says

For years, I'd pass a great ice cream shop and if I had cash, it was a good day since I could stop and buy a soft serve ice cream cone.

?? "Great ice cream" and "soft serve" are two different animals.

Ceffer says

MSNBC is a big financial loser

Actually, they are and aren't. The cable news outlets don't give a shit about ratings nor ever really have because they get fees from the cable companies, not advertisers. And it's based on per customer. Therefore, they never had much incentive except back in the 1990s when they were initiallly on a mission to steal network TV viewers away. Remember how CNN with Bernard Shaw USED to be?

But ppl are cutting the cord so much, that has reduced to a trickle. And that is why they are losing money. They have had to start streaming online and it's been brutal for them.

The cable companies are going to cut them out of that deal when everything gets renegotiated. Even ESPN will get de-bundled.
Hell, I would have kept by cable after I started doing everything via Roku but they wouldn't cut the ESPN (which is an expensive part of any cable TV bundle) out to make it affordable to me - I never watched ESPN in my life.

AD says

yep, just like a lot of internet companies went bust in 2000 during dot-com-bubble-bust like Garden.com and Freei Networks

Mark Cuban got lucky with Yahoo stupidly buying Broadcast.com

Pets.com.

Somewhere I have stashed a few Pets.com puppets in their original boxes I bought to sell years later. Hmmm...I see they only go for $25 on eBay. Damn.

HeadSet says

?? "Great ice cream" and "soft serve" are two different animals.

Frozen Yogurt is pure shit. "The Country's Best Bacteria/Yeast"

HeadSet says

GNL says

For years, I'd pass a great ice cream shop and if I had cash, it was a good day since I could stop and buy a soft serve ice cream cone.

?? "Great ice cream" and "soft serve" are two different animals.

You can serve both.

I love thread derailments. I don't like soft serve. Don't like sugar in general. I'll only get ice cream at small business shops on vacation or kids birthdays in a certain town I won't disclose. Scoops of ice cream are best. Never soft serve. No issue with someone that likes soft serve, just not something I'd buy for myself.

The point was about 1. I don't think restaurants rely on cash anywhere near what they used to and 2. it's interesting that most ice cream shops I go to only accept cash.

GNL says

The point was about 1. I don't think restaurants rely on cash anywhere near what they used to and 2. it's interesting that most ice cream shops I go to only accept cash.

Not totally cash free, I'd agree. But the owners want it outside of franchises. I'm anti cash because I can get paid to use a CC with untaxed money in points. I walk out of cash only businesses. It's not any cheaper if you compare to competition on prices to use cash only. If anything only more expensive and likely is money laundering.

I'll take 5-10k tax free in points and hotels. So I don't frequent cash only places. I literally look at the door of every place I enter. Pay it off and you can make a half a years of minimum wage on CC doing nothing except pay for what you want and not even work.

AD says

Mark Cuban got lucky with Yahoo stupidly buying Broadcast.com

Or maybe it's a situation where he paid some insider to approve the purchase.

I think that's what happened with HP's purchase of Autonomy.

DemocratsAreTotallyFucked says

AD says

yep, just like a lot of internet companies went bust in 2000 during dot-com-bubble-bust like Garden.com and Freei Networks

Mark Cuban got lucky with Yahoo stupidly buying Broadcast.com

Pets.com.

Somewhere I have stashed a few Pets.com puppets in their original boxes I bought to sell years later. Hmmm...I see they only go for $25 on eBay. Damn.

Don't despair: you can use them as socks in a pinch.