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Only a select few of the largest companies in the world employ 1,000,000+ people. The chance that a startup company will displace an international conglomerate
by joshred 12y ago
Only a select few of the largest companies in the world employ 1,000,000+ people. The chance that a startup company will displace an international conglomerate like Walmart (most of whom's employees work for very low wages) is nil.
- nwenzel 12y agoWalmart was a startup once. Starting a company to take on an entrenched giant is not rational. But I don't know what else I would do. It's right for me to take on Thomson Reuters and LexisNexis. Probably not for everyone.
- rahimnathwani 12y agoCreating jobs doesn't necessarily mean employing people. A marketplace could create jobs by facilitating freelancer/client relationships which were otherwise impossible or unlikely to happen.
- 1123581321 12y agoThe criteria on the YC website specifically says they aren't talking about employing 1,000,000 people. They are talking about creating new things for people to do to earn a living.