because all investment comes with risk. for many, it works out well. for some, it doesn't, and the government won't reimburse you for a failed venture-- it's how the game goes
Because some of us have trustworthy connections and have reliable projects to invest in, but don't have $1 million! Care to loan it to me?
Risky projects, low liquidity, lowest quality investments looking to trap dumb money
Because not everyone wants to go to the US.
Why would they when they're making a lot of money outside of the US? Making money is literally the only reason to consider moving to the US
You overestimate the number of peoppe with 1M+ liquid and the percent of those with 1M+ liquid for whom 1M is trivial. Not everyone lives in the Bay Area. Not everyone works in tech. Not everyone works at FAANG or equivalent.
Why would anyone invest 1M on a risky low yield project, unless they’ve at least 10M+ net worth? Most tech workers are not so rich.
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