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I would define "fair" here as roughly 3x the local rent, so that your salary is sufficient to comfortably feed a middle-class family. Let's cap that to be at ma
by fxtentacle 6y ago
I would define "fair" here as roughly 3x the local rent, so that your salary is sufficient to comfortably feed a middle-class family. Let's cap that to be at max 25% of the value created for the company, and it's a strong incentive for the inventor while remaining ridiculously profitable for the company.
- lotsofpulp 6y agoIt is pretty much impossible to assign numerical values to “the local rent” or “value created for the company”. Hence the whole purpose of markets, where sellers can bet that on the perceived value of their goods and services, and buyers can bet on their perceived value of the goods and services and come to an agreement.