3 ms·
> Efficient in terms of human capital, oftentimes: look how few people AirBNB employs directly, yet have a market cap larger than Marriott. Of course, the "dir
by eli_gottlieb 11y ago
> Efficient in terms of human capital, oftentimes: look how few people AirBNB employs directly, yet have a market cap larger than Marriott.
Of course, the "directly" there is quite a nasty word, as AirBNB arguably makes quite a lot of money off shadow-work[0].
[0] -- https://en.wikipedia.org/wiki/Shadow_work https://en.wikipedia.org/wiki/Shadow_work