News for hackers. Stuff that matters.
Re:My $0->$100M->$0 in 5 years story by jamesaurichs on Saturday August 12, 2023 @04:04PM (#37103751)
Tesla creates American jobs for the poor to work in manufacturing

SpaceX creates aspiration for the poor

Google allows the poor to advertise their product to anyone in the world cheaply

Facebook allows the poor to market their product to anyone in the world cheaply

AirBnB allows the poor to live in an expensive city, cheaply

Stripe allows the poor to sell their product to anyone in the world cheaply

Re:My $0->$100M->$0 in 5 years story by croes on Saturday August 12, 2023 @05:16PM (#37104299)
And still people can't afford to buy house like their parents did.

Maybe the problem isn't jobs but wealth distribution.

Re:My $0->$100M->$0 in 5 years story by SideQuark on Sunday August 13, 2023 @09:45PM (#37116526)
People are buying vastly bigger houses than their parents did. Adjusted for inflation, and most importantly, for square footage, median US housing costs are quite flat. Last I ran the numbers, per sq foot, prices are slightly lower than in the past.

Run them yourself, then check back.

Re:My $0->$100M->$0 in 5 years story by ipaddr on Saturday August 12, 2023 @05:28PM (#37104400)
What poor person works for Telsa?

What poor person gets aspiration because of Spacex. A basketball player is cheaper and does a better job inspiring.

The poor cannot afford to run adwords campaigns and can't even get a credit card.

Facebooks ads even more expensive.

The poor are not looking for short term rentals and cannot afford to live in the most expensive cities using airbnb. They live in rundown rent controlled places.

Paypal allows the poor to buy/sell.

Re:My $0->$100M->$0 in 5 years story by theGnuMe on Saturday August 12, 2023 @10:10PM (#37105998)
You missed the AirBnB effect of driving rents up and kicking poor people out of apartments.
Re:My $0->$100M->$0 in 5 years story by dns_snek on Sunday August 13, 2023 @04:48AM (#37107944)
> SpaceX creates aspiration for the poor

> AirBnB allows the poor to live in an expensive city, cheaply

Yeah you're definitely trolling, not cool... or your definition of "the poor" includes people with net worth of $10M.