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> Today's startups need twice that The laser printer was invented in the 70s. Back then, property prices (both rental and purchase) were much much MUCH more re
by mschuster91 2y ago
> Today's startups need twice that
The laser printer was invented in the 70s. Back then, property prices (both rental and purchase) were much much MUCH more reasonable for both companies and their employees, with the latter being a significant contributor to the explosion in wages.
Or to rephrase, you needed way less money for any given thing 50 years ago because the associated costs were much lower.
- mminer237 2y agoThe associated costs being higher is inflation, which he adjusted for, and there's lots of working from home nowadays, which means you need even less property per person than back then.