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> "I'm just here for the money"...it's disheartening Yaa, how awful...because my landlord accepts a share of my company CEO's "vision", as does my grocer > Wi
by obrero 11y ago
> "I'm just here for the money"...it's disheartening
Yaa, how awful...because my landlord accepts a share of my company CEO's "vision", as does my grocer
> Widespread cynicism will kill high-tech
What a laugh that the heirs, the LP's, the VC's and seeds and angels aren't the cynics, your unhappiness is the twenty-something wage slaves slaving away at all hours building products are now disheartening, because they're buying the BS less and want to keep more of the wealth they're creating.
The heirs and LP's are not "here" for the money. They're in their yachts at Key West, and they have their bets spread.
Woe is us, how disheartening that the people creating the wealth want to keep more of the wealth they create, as opposed to believing the fairy tales the idle class and their myrmidions are telling them.
- AndrewKemendo 11y agoYou're fighting a strawman my friend. I explicitly stated that I was not talking about inequitable distribution of capital in a podunk startup. Indeed, in the context of this, the executives that Mayer would be seeking to incentivize with cash are already in the upper stratosphere of ownership - so given that as a background my slant should have been clear.
- harryjo 11y agoThose people, including Mayer herself, are in it for the money and the power/glamour/fame. Look at Mayer -- a Google bigshot who has power over thousands of people at Google, who left because she felt overshadowed by the CEO. She went to Yahoo not because she wanted to do more/bigger/better things -- she could do anything she wanted at Google! -- but because she wanted to be CEO of something.
- oldmanjay 11y agoI like that you are saying people in their 20s making 6 figures are wage slaves. That is a worldview I never really even considered, so you have opened my mind to new possibilities.
- rosege 11y agomaking 6 figures can provide a comfortable life but yes definitely a wage slave. I have worked for a few of the super rich and they could easily blow a few million just trying to watch their sporting team while on their yacht. Although this is in the past when they would have a private jet on standby to fly in a copy of the game. Now sat comms are good enough they blow similar amounts without any thought on other things.