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.
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.