Tell me how is this objectively different than VCs ? Other than it's now available to everyone instead reserved to the elite ?
In both cases, you are well aware most of your investments will fail and you're expecting one 10x or 100x that will make it up for other losses . aka gambling ...
In both cases, you are well aware most of your investments will fail and you're expecting one 10x or 100x that will make it up for other losses . aka gambling ...