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> startups will be able to pay more The OP's proposal is that startups should be able to pay less and hire talent, if it wasn't for those pesky FAANGs driving
by umeshunni 6y ago
> startups will be able to pay more
The OP's proposal is that startups should be able to pay less and hire talent, if it wasn't for those pesky FAANGs driving everyone's wages up. If only they were able to pay less would VCs have been able to keep even more for themselves, I mean, would the market have been more equitable (?@!@)
- Ericson2314 6y agoWell if that's what OP is saying they are wrong. Don't look at the market from the perspective of the one of the participants, look at it as a whole. And don't try to evaluate something like anti-trust in a marginal way, when the effects are so numerous. Better to take a more stateless / path-independent approach and just find the new equilibrium, for the first rough-cut analysis. From those perspectives, higher Gini coefficient clearly means lower median, etc. From your other comment it looks like you agree with my conclusions, at least.