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> Obviously the startups are not using undocumented workers. If this is true, than there would be a massive supply shortage. Point is, pick one argument (undoc
by mbesto 11y ago
> Obviously the startups are not using undocumented workers.
If this is true, than there would be a massive supply shortage. Point is, pick one argument (undocumented) or the other (undocumented) and you're going to have a biz model flaw.
> which is plenty to operate such a business.
"such a business" - Sure, but not a tech driven one.
- pbreit 11y agoNot sure what you mean. Prices would be set in order for supply and demand to even out. The startup is unlikely to use undocumented supply because of risk. Don't understand the second point either. 20% margins is plenty. See: http://abovethecrowd.com/2013/04/18/a-rake-too-far-optimal-platformpricing-strategy/ http://abovethecrowd.com/2013/04/18/a-rake-too-far-optimal-p... And tech-driven businesses have lower marginal costs thus can succeed with lower gross margins.