So here’s the plan. Buy up a shit ton of ads and hire thousands on credit. Then when we win we can pay them all off with plenty to pocket ourselves! What could go wrong?
for investors sure but for the workers the stock options and stuff like that are a bonus on top of salary. i don’t think even cryptobro programmers would work based on a token that only pays out 6 months later with a 5% chance.
I guess I was thinking that every business is basically a gambit where you take on as much debt as possible to trebuchet yourself into profitability hoping that an established company buys your out. If you have money to pay people it’s by virtue of the debt-buyout cycle. Then you get wealthy by virtue of 6/10 of your dogshit ideas succeeding while 1 of them goes parabolic. Before that it’s basically hard gambling on one idea surviving the chaos of business ownership.
creating incentives don’t work like that lmao
it can literally not go tits up. it’s foolproof. risk management? who’s that?
My tits are so jacked I’m scared to look down
Is that not how venture capital works? I thought that was the premise of the entire US economy.
for investors sure but for the workers the stock options and stuff like that are a bonus on top of salary. i don’t think even cryptobro programmers would work based on a token that only pays out 6 months later with a 5% chance.
I guess I was thinking that every business is basically a gambit where you take on as much debt as possible to trebuchet yourself into profitability hoping that an established company buys your out. If you have money to pay people it’s by virtue of the debt-buyout cycle. Then you get wealthy by virtue of 6/10 of your dogshit ideas succeeding while 1 of them goes parabolic. Before that it’s basically hard gambling on one idea surviving the chaos of business ownership.