3 ms·
I don't think anyone else should pay for a startup's safety net. Doing a startup requires calculated risk. It may or may not work. Whoever wants to attempt need
by bettrsocial 7y ago
I don't think anyone else should pay for a startup's safety net. Doing a startup requires calculated risk. It may or may not work. Whoever wants to attempt need to sit down and calculate the costs and the risks and take precautions. This is not the same as someone becoming unemployed because they got laid off, and it's not the same as providing welfare to people in poverty. Startups by their nature are risky and no one else should have to pay for a safety net in case it doesn't work out. The market does well weeding out the bad ideas and companies that aren't actually solving any problems. Creating a safety net might just contribute to perpetual "startupdom" (with everyone else paying for it), when in reality certain ideas and efforts need to just die off.