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In my experience the pareto principle is hard at work in VC funded startups that went for rapid headcount expansion.
by krona 7y ago
In my experience the pareto principle is hard at work in VC funded startups that went for rapid headcount expansion.
- rexreed 7y agoBingo. This is exactly what I meant. And when the industry / economy in contraction, the first jobs to go is the "excess fat" of those 80% non-productive that accounts for 80% of wages. The remaining 20% are the high value contributors, which honestly represents what the true employment should have been. VC economics are not the same as general market economics.