Comment by rexreed

No economy. No infrastructure. No housing. Little of value except a concept, a minimum viable product, and something to sell to investors. This is something that can part people with their "investment" dollars. In many ways analogous to so many venture "investments" without any of the potential exit strategies, except by boat. This particular investment has a literal chance of being under water for the investors. Very telling that at the end of the piece, the folks who sold the investment said they don't know where to take things next because they hadn't thought farther than buying the island and getting investors. This is quite the analogy for tech startup investing in many ways.