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For Joe average, the expected value of working at a random startup is positive - compared to not working. It's just the employee's gamble to figure out whether
by erur 4y ago
For Joe average, the expected value of working at a random startup is positive - compared to not working.
It's just the employee's gamble to figure out whether the expected value is high enough and the risk ratio is aligned with their preference.
The expected return for an average MLM joiner is deep in the reds.
From an individual perspective that's a huge difference.
- sshine 4y agoYes, for Joe it's a gamble. But it isn't multi-level marketing (MLM) until he starts pushing some product onto his peers, or unless the employer starts hiring aggressively with equity as the main salary.