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> many entrepreneurs do deliver investor value by a net sacrifice of jobs Right, but nobody chooses to say "we're in this business to deliver investor value by
by bentlegen 10y ago
> many entrepreneurs do deliver investor value by a net sacrifice of jobs
Right, but nobody chooses to say "we're in this business to deliver investor value by a net sacrifice in jobs".
That's the real answer: one lets you sound like a captain of industry, the other a scrupulous robber baron.
- DelaneyM 10y agoI'm not sure it's always possible to tell into which group your venture falls. Once it might have been safe to assume that Uber was only going to destroy the taxi industry and transfer those jobs to uninsured/underpaid freelancers. Instead, it's resulted in fewer people driving, and taxi jobs seem to be minimally affected (so far...). Ultimately, entrepreneurship is widely recognized as the most effective net job creation engine, so it's probably safe to say that one is creating jobs when one starts a small business in the absence of a good argument to the contrary.