Re:Work, Work, Work – So a Few Can Be Rich
by refurb on Thursday August 11, 2022 @10:25AM
(#32426128)
Why did you completely ignore the capital part I talked about?
Instead of raising $10M for a business through a CEO (either their own money or through road shows), there is nothing stopping a company of 100 employees from ponying up $100,000 of their own money and reaping a share of the rewards (or losing it all).
Are you really that surprised that workers prefer a risk-free salary instead?
I mean I have the option of taking cash or equity at my company and I turn down the equity every time. I don't begrudge the ones who take the risk and make 10x what I do.
I'll be honest, you don't seem to understand how businesses work today - you're working from a flawed understanding.
Instead of raising $10M for a business through a CEO (either their own money or through road shows), there is nothing stopping a company of 100 employees from ponying up $100,000 of their own money and reaping a share of the rewards (or losing it all).
Are you really that surprised that workers prefer a risk-free salary instead?
I mean I have the option of taking cash or equity at my company and I turn down the equity every time. I don't begrudge the ones who take the risk and make 10x what I do.
I'll be honest, you don't seem to understand how businesses work today - you're working from a flawed understanding.