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All I can say is wow that’s a way different interpretation then I. It’s not the employee compensation that’s the problem here: it’s VCs dumping billions into u
by edgyquant 4y ago
All I can say is wow that’s a way different interpretation then I. It’s not the employee compensation that’s the problem here: it’s VCs dumping billions into unprofitable businesses and then trying to figure it out once they’re a nationwide brand/“monopoly.” Uber, AirBnB etc got as big as they are by breaking the law literally in a lot of places (ignoring regulations with a bad faith reasoning that it’s not the same because they’re an app)
At decent places with a profitable business model the workers tend to generate many times their salary expenses.