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Employment is not a happy-go-lucky partnership. At the end of the day people have jobs because they need to eat, the point was not that founders shouldn't have
by pyromine 9y ago
Employment is not a happy-go-lucky partnership.
At the end of the day people have jobs because they need to eat, the point was not that founders shouldn't have more equity it was that their incentives are not aligned. Lower wages is good for the employer and bad for the employee, it is adversarial and sugar coating it as if it's not is bullshit.
(Not that I think companies can't have good relations with their employees, just at the very least wages are adversarial)
- Turing_Machine 9y ago"Lower wages is good for the employer" Not if the wages become so low that qualified employees refuse to work there, it isn't. There's nothing more deadly to a business than crappy, unmotivated employees.