3 Differences Between Bain and Solyndra
May 23, 2012
As Obama and his myrmidons continue to make asses of themselves by arguing that no one should ever put their own capital at risk, it seems timely to point out that Solyndra, and the White House’s many gambles on hypothetical energy companies, is not a fair comparison to Mitt Romney’s work at Bain & Co. It’s legal for individuals and companies to use their own money to buy failing companies and try to save them.
The Bain of Newt’s Existence
January 17, 2012
Truth is, not all companies, not all business ideas, can make it on their own. It’s easy to say that a good idea will automatically lead to a successful business. But it’s a lie. Apple did not become Apple without investors. Sure, there are some examples of businesses that flourished without financial help. But not many. We’ll never know the wonderful ideas that died in their owner’s garage for lack of financing.