2 ms·
> Or did they just extracted the residual value from their employees? It's really hard to know the alternate history w/o Zuck, but the theory goes that these
by maerF0x0 7y ago
> Or did they just extracted the residual value from their employees?
It's really hard to know the alternate history w/o Zuck, but the theory goes that these employees would have been employed in less valuable ways w/o him. Thus there is some marginal value add he brought to the table of which he captures a portion of... Of course all of this is up for debate...
The rationale is that the entrepreneur/organization bringing the greatest value to market is able to subsequently pay employees the most as well and employees will naturally migrate to their greatest opportunity. Whether it's starting their own business, staying at their current job or changing employers/careers it is up to individuals to decide their own best path.