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We've all secretly been benefiting from the dreaded "trickle down economics" which has shifted as interest rates have increased. What percent of HN users salari
by floor2 3y ago
We've all secretly been benefiting from the dreaded "trickle down economics" which has shifted as interest rates have increased. What percent of HN users salaries are actually paid by the revenue from the customers of their business rather than burning down investment funding?
Most of us have had high paid jobs funded by some billionaire VC burning their wealth on unprofitable ventures, because they were willing to lose 10 bets to win 1.
Today, investors (whether VC, private equity, public markets) want to own businesses that are profitable or can reasonably be expected to be soon. Correspondingly, far fewer jobs paying six figure salaries while the company loses millions of dollars for their investors/owners.
- throw1234651234 3y agoSpeak for yourself, I built the architecture that enabled a business to go from 50 mil to 3 billion revenue in the last 4 years and I have zero equity and a midwest salary. Really need to think about my life choices.
- FrustratedMonky 3y agoSimilar. Saved company a few millions. I compensated by taking the occasional long lunch. Sticking it to the man.