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Labor should be compensated for the value created, not the least they will accept.

• isbvhodnvemrwvn 5y ago
  So early startups should get money from their workers?
  • mulmen 5y ago
    I’m not sure how you arrived at that conclusion. If you go to the very beginning I’m sure many startups get money from employee #1, AKA the founder. But even in an early stage startup why hire someone that isn’t delivering value?
• pc86 5y ago
  It's a nice thought but it doesn't have any bearing on reality. No other market in the world works that way. A company wants to charge as much as it possibly can. A person in need of a service wants to pay a company as little as possible. There's sometimes a range where those two values overlap and that person can become a customer. It's all about perceived (not actual) value, which is heavily influenced by marketing and sales. If you can't tie your actions directly to cost savings or revenue increases you're just blowing smoke up your manager's ass about value created anyway. It's all hand-wavey negotiation and negotiation is almost entirely based around leverage.
  • mulmen 5y ago
    Oh I thought it was a marketplace. Salaries aren’t high in the bay because houses are expensive. Houses are expensive because salaries are high. There happens to be a concentration of talented and highly compensated people there. That doesn’t mean they will settle for less elsewhere.