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> He is implying that founders can create a lot of value without employees, and that the claim that employees also create value is false. It seems like he defi
by JamesBarney 4y ago
> He is implying that founders can create a lot of value without employees, and that the claim that employees also create value is false.
It seems like he definitely believes founders create a lot of value, but I don't think he is making the second claim that employees don't create value. Just making the argument that the outsized return to founders is fair because they are creating far more value as evidenced by automation.