5 ms·

Yeah, but GP has a point; from a total employment standpoint, there is no difference. In fact encouraging new business at this time could create a burst of new,

Yeah, but GP has a point; from a total employment standpoint, there is no difference. In fact encouraging new business at this time could create a burst of new, lean, innovative startups solving real problems from a time of hardship, rather than fake problems from a time of prosperity.

gamblor956 7y ago
There are existing startup incentive programs... The point of CARES is to keep existing revenue-generating businesses open, and their employees paid. And quite frankly, as a former techie it's kind of disgusting that people in the tech community are complaining that their employee-free, revenue-free, 1-day-old startup doesn't qualify for a program intended to keep existing, otherwise viable businesses (absent COVID19) running and their employees paid. This is not the time for the tech community to launch yet another regulatory arbitrage startup that exploits everyone else.
- echelon 7y ago
  > employee-free I want to hire people. I'm probably still going to do this, but dip into my savings to do so.
vb6sp6 7y ago
> from a total employment standpoint, there is no difference There are huge differences. The obvious, but unstated, difference is the existing network of businesses that already work together.
ska 7y ago
It's probably overly simplistic to treat jobs as fungible that way. Efforts to keep existing companies intact make sense. Efforts to encourage support creating new ones do too - but they aren't the same effort as they aren't the same effect (notwithstanding OP's contention that they are).
- perl4ever 7y ago
  If we are spending billions or trillions on keeping existing companies intact, surely it's because letting them fail and then rebuilding would be more expensive. If it made sense to just start new businesses, then we wouldn't even be trying to save the old ones.

5 ms·

Yeah, but GP has a point; from a total employment standpoint, there is no difference. In fact encouraging new business at this time could create a burst of new,

by fphhotchips 7y ago

gamblor956 7y ago
There are existing startup incentive programs... The point of CARES is to keep existing revenue-generating businesses open, and their employees paid. And quite frankly, as a former techie it's kind of disgusting that people in the tech community are complaining that their employee-free, revenue-free, 1-day-old startup doesn't qualify for a program intended to keep existing, otherwise viable businesses (absent COVID19) running and their employees paid. This is not the time for the tech community to launch yet another regulatory arbitrage startup that exploits everyone else.
- echelon 7y ago
  > employee-free I want to hire people. I'm probably still going to do this, but dip into my savings to do so.
vb6sp6 7y ago
> from a total employment standpoint, there is no difference There are huge differences. The obvious, but unstated, difference is the existing network of businesses that already work together.
ska 7y ago
It's probably overly simplistic to treat jobs as fungible that way. Efforts to keep existing companies intact make sense. Efforts to encourage support creating new ones do too - but they aren't the same effort as they aren't the same effect (notwithstanding OP's contention that they are).
- perl4ever 7y ago
  If we are spending billions or trillions on keeping existing companies intact, surely it's because letting them fail and then rebuilding would be more expensive. If it made sense to just start new businesses, then we wouldn't even be trying to save the old ones.