10 ms·
"waste" yes, but no wealth is being destroyed.
by dsl 14y ago
"waste" yes, but no wealth is being destroyed.
- jgross206 14y agoexcept the wealth that could be created if the brilliant guy spent the year on other pursuits instead of noops
- dsl 14y agoWell by that logic, we shouldn't work for startups that have the potential to fail... because you could be creating negative value!
- rdl 14y agoThe expected return of a startup is usually higher than the expected return of a bigco job and almost always higher than doing nothing. The actual return is more often lower, but sometimes turns out to be really high.
- XorNot 14y agoWhich is why you should evaluate the risk/reward of a start up carefully. It's also why, for example, bank robberies aren't worth it.