Re:Lyft prices IPO at top of range
by wickedsmile on Thursday March 28, 2019 @07:40PM
(#19517754)
But isn't labor a commodity and ground breaking innovation not?
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Re:Lyft prices IPO at top of range
by toomuchtodo on Thursday March 28, 2019 @09:18PM
(#19518317)
How many startups are in the latest YC batch? An enormous amount compared to previous batches. “Innovation” is a commodity because it’s just become product market fit testing through brute force.
Re:Lyft prices IPO at top of range
by confiscate on Friday March 29, 2019 @01:58AM
(#19519486)
ya, but testing for product-market fit is much more uncertain than buying/providing labor. It's still harder
The employees aren't responsible for any innovation?
Re:Lyft prices IPO at top of range
by lotsofpulp on Friday March 29, 2019 @04:20AM
(#19519968)
Barring corruption, compensation is usually commensurate with how much risk your capital takes.