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This may not be the intention of the "hotel" being discussed in the article, but it seems to be there are people who would like to setup sweatshop style outfits
by strlen 18y ago
This may not be the intention of the "hotel" being discussed in the article, but it seems to be there are people who would like to setup sweatshop style outfits and dub them "incubators" or "entrepreneur hotels" - but in reality, they'd like to push motivated (but young and naive) kids to work long hours, for little pay and (unlike a true start-up) for no equity (which would turn to a lump-sum payment in case of a liquidity event or a dividend being issued).
This isn't too dissimilar with what big companies do with "college hires" (which is sometimes reasonable, as all they have to work with are college transcripts and a general idea of intelligence), except (much like MLM schemes) such an outfit would be able to attach a bunch of feel-good self-help messages around it ("you're being an entrepreneur, you're changing the world, you're taking a risk and not working for a Big Dumb Ugly Corporation").