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>these VCs crashing can't really be good for our jobs and salaries This stayed in my head for a day. I finally have a response. If you're salary is dependent
by automatic6131 4y ago
>these VCs crashing can't really be good for our jobs and salaries
This stayed in my head for a day. I finally have a response.
If you're salary is dependent on turning $1.00 into $0.20 as in the case for Adam Neumann and his ilk and those who fund them, then eventually your salary and skill and job is going to crash because it "will run out of other people's money". If your trade is taking in 1 dollar from a VC to acquire 20 cents of customer revenue, your trade is going to end. All the myth making and loose monetary policy in the world will merely delay that end.