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Yep. 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 great
by argonaut 10y ago
Yep. 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.