Re:We raised a bunch of money
by donmcronald on Wednesday June 28, 2023 @11:36AM
(#36508014)
How does Git fit with the rest of those?
I assume they mean GitHub
speculating they mean source control providers like github, gitlab, bitbucket, and not actually 'git'
Re:We raised a bunch of money
by ben-schaaf on Wednesday June 28, 2023 @12:26PM
(#36508771)
> As companies grow, they pay more taxes, and this will let government spend in things like education, infrastructure, social security.
As companies grow so does their ability to dodge taxes. That's why they're headquartered in Ireland, Bermuda or whatever the latest low corporate tax state is. Proportionally they're likely paying less than a corner store. I certainly pay more in income tax.
Companies raise money now to generate cash flows in the future from a wildly risky innovation. Assuming the thesis is correct, the company will then to pay it back to investors (VCs and their investors including Endowment Funds), but also employee and taxes.
As companies grow, they pay more taxes, and this will let government spend in things like education, infrastructure, social security.
It's either this or socialism.
"Capitalism: The worst economic system, except for all the others"