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More like a transfer from VCs and from desperate gig workers in the form of cheap labor to founders who get to write medium posts about how entrepreneurial they
by noobermin 8y ago
More like a transfer from VCs and from desperate gig workers in the form of cheap labor to founders who get to write medium posts about how entrepreneurial they are.
- fromthestart 8y agoGig workers do not transfer money to founders, and the vast majority of them are being profitably compensated for their labor.
- maxxxxx 8y agoVCs are not investing their own money.
- jamestimmins 8y agoIndeed, it's more likely that they're investing money from pension plans.
- noobermin 8y agoAlright, but the point is the transfer is to founders for the most part from somewhere.
- maxxxxx 8y agoWe just have to be clear that the "somewhere" is not the VCs. It may be your pension plan or your municipality.