Even in markets where there is a mis-. match between available capital and the startup. community, an entrepreneur can raise money. by crowdsourcing from the public. Rather than. leasing an expensive officea startup , can find a home. in a local co-working space and often outsource.
With the hatch covers not secured (remember, the ship left port in clear weather and the storm blew up rather quickly), the waves breaking over the Edmund Fitzgerald saturated the cargo. As the cargo got heavier and heavier, the ship sank lower and lower.
Fitzgerald is among the largest and best-known vessels lost on the Great Lakes but she is not alone on the Lake Superior seabed in that area. In the years between 1816, when Invincible was lost, and 1975, when Fitzgerald sank, the Whitefish Point area had claimed at least 240 ships.