Ask HN: We have a great team and capital but can't find a good idea

Re:Ask HN: We have a great team and capital but can't find a... by icebraining on Tuesday October 31, 2017 @04:09AM (#15591681)

Not really, most companies are small and don't pay more than a decent income even for the founders. VC-funded startups are an exception, not the rule. Even among software companies, I'd say, if you look beyond the US.

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Re:Ask HN: We have a great team and capital but can't find a... by TrickyRick on Tuesday October 31, 2017 @05:24AM (#15591895)

But (One of) the ambition(s) is usually to make money, thereby increasing inequality. I have yet to find a startup with the ambition to pay everyone median salary and donate the rest to low-income households. Nothing wrong with that, just a fact :)

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Re:Ask HN: We have a great team and capital but can't find a... by icebraining on Tuesday October 31, 2017 @05:32AM (#15591923)

The company I worked for previously paid decent (but not extravagant) salaries, and profits in the order of the low dozens of thousands annually. Meanwhile, our job consisted of outbidding and replacing SAP and Oracle solutions costing $$$$.

Paying $10 to an SMB owner instead of $100 to Bill Gates et all reduces inequality, it doesn't increase it.

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Re:Ask HN: We have a great team and capital but can't find a... by 0xbear on Tuesday October 31, 2017 @01:00PM (#15594704)

Let me guess: you had a heck of a time hiring qualified engineers.

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