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Thought exercise: poof these businesses vanish. What do all these people start doing to support their families? You think they care about you "getting exercise"
by sergiotapia 5y ago
Thought exercise: poof these businesses vanish. What do all these people start doing to support their families? You think they care about you "getting exercise" when they can't feed their children?
- xenocratus 5y agoPresumably working for another company doing something more productive, built with the money that the poof'ed firms would've gotten.
- iamstupidsimple 5y agoThat's not how capital distribution works. These VCs would've put their money elsewhere, possibly something you consider 'even less productive'.
- Matticus_Rex 5y agoRight now there's more money out there to be invested than there are good businesses to invest in. If those businesses were out there and were profitable enough to hire people more productively with a higher standard of living... where are they? This line of reasoning seems like a hand-wave.
- carabiner 5y agoPlease see https://en.wikipedia.org/wiki/Think_of_the_children https://en.wikipedia.org/wiki/Think_of_the_children