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Those companies employ hundreds of thousands of people and entire supply chains. Snapchat employ's next to no one in comparison and is worth more than entire i
by gjolund 10y ago
Those companies employ hundreds of thousands of people and entire supply chains.
Snapchat employ's next to no one in comparison and is worth more than entire industries.
- canttestthis 10y agoYou're good at moving the goalposts in a debate.
- gjolund 10y agoIf you have something to contribute I would like to hear it.
- argonaut 10y agoYep. That's why they're actually even worse off. All else equal, the more employees a company employs, the worse of an investment it is, because costs are greater.
- gjolund 10y agoAs a business they might be less profitable, but as a society we benefit more from their existence.
- argonaut 10y agoNow you're just moving the goalposts. VCs are out to maximize profit. If startups were funded by the government you would have a basis for complaining about how societal benefit is not being maximized.