@moffintosh
> 96% of startups fail
i saw the source for that figure in a business class. its based on small businesses don't file SEC forms after two years.

this includes because they were acquired.

@icedquinn @moffintosh always funny to see commies call the people managing resources “just moving around some numbers” when failing to properly do that is one of the bigger reasons why socialism always fails, and how commies managed to mismanage and fuck up an entire sea amongst other things. So close to understanding.

@Amikke @icedquinn
If they manage resources, they should be paid no more than the labour they put into it, not a cent more. Owning stuff isn't a job

@moffintosh @Amikke payment is supposed to be subject to opportunity cost. what else could they have done instead of doing this thing, and we're supposed to be compensating them for doing the thing they specialize in (at the cost of not being able to paint stuff, which is what they actually wanted to do.)

it's a really small amount of people who get paid disproportionate to what they do. even logistics people have some high opportunity costs (they have to learn higher order mathematics, predictive modeling, etc, keeping warehouses stocked and functioning is.. a whole job.)

@icedquinn @Amikke

payment is supposed to be subject to opportunity cost

How is price connected in any way to "opportunity"?

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