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Net 30/60/90 is a scam, there's no reason companies couldn't pay earlier. That freelancers put up with it just means that they don't have enough market power.
by guelo 8y ago
Net 30/60/90 is a scam, there's no reason companies couldn't pay earlier. That freelancers put up with it just means that they don't have enough market power.
- ljoshua 8y agoIt's a bit of a relic from back when bank transfers only happened via paper, but I wouldn't call it a scam. Megacorps give each other the same terms all the time, so it's more about tradition and inertia than market power. That being said, when I knew I have been a high-value member of a team as an outside resource, I've negotiated for better terms (net 15, for example).