3 ms·
This is definitely not true in the US. https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-accelerates-plans-for-lower-cost-gen-2-juicer/ https://thespo
by runako 2y ago
This is definitely not true in the US.
https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-accelerates-plans-for-lower-cost-gen-2-juicer/ https://thespoon.tech/juicero-to-lay-off-25-of-staff-as-it-a...
https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai-pin https://www.theverge.com/2024/1/9/24032274/humane-layoffs-ai...
https://www.npr.org/2022/04/05/1091077398/checkout-startup-fast-is-shutting-down-after-burning-through-investors-money https://www.npr.org/2022/04/05/1091077398/checkout-startup-f...
etc.
- jstanley 2y agoSure, you can get fired. But that just means you're not earning any more. You're not losing the money you already had, like the investors did.
- Paul-Craft 2y agoJust to continue the analogy, an employee's monetary down side is limited to the amount of their investment, which is $0, modulo ESPPs and such. Investors can be leveraged and end up losing a multiple > 1 of their initial investment.