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Fallacy of relative privation. [1] Just because things are bad in Cambodia doesn't mean a startup can't spend its money how it likes, for good or ill. If a star
by erbo 12y ago
Fallacy of relative privation. [1] Just because things are bad in Cambodia doesn't mean a startup can't spend its money how it likes, for good or ill. If a startup chooses to spend money on a fancy office with massage rooms, they are probably doing so out of a belief that this will help them attract and retain higher-quality employees, thus produce a better product, thus become profitable (or do so faster). They may be wrong in this, and in fact, quite likely are; most startups fail, after all. But if startups had to take the conditions in Cambodia into consideration before deciding where and how to spend their money, it's not likely we'd have any startups at all.
[1] http://en.wikipedia.org/wiki/Fallacy_of_relative_privation http://en.wikipedia.org/wiki/Fallacy_of_relative_privation
- roadbeats 12y ago"higher-quality employees" yeah man... higher-quality employees... please take all that and move to another planet.