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Particularly in tech, where the network effects and first mover advantages are so strong. California could introduce a million dollar minimum wage for software
by spacebanana7 1y ago
Particularly in tech, where the network effects and first mover advantages are so strong.
California could introduce a million dollar minimum wage for software engineers, ban electricity on Thursdays, raise corporate taxes to 60% and still probably have more new unicorns founded in the subsequent year than Europe.
- infinite8s 1y agoDon't be so sure of that. Network effects are still subject to tipping points.
- mavelikara 1y agoSubsequent year, probably. In later years, no. Massachusetts is case study on this.
- cowsandmilk 1y agoWhat happened in Massachusetts?
- anon7725 1y agoSeems like the point is what’s not happening there