> 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 @icedquinn their labour is worth around what they’re paid because a market-based economy operates on the actual results of work and not some random person’s judgement.
@Amikke @icedquinn It isn't, because what's happening there isn't just labour
@moffintosh @icedquinn again, your opinion on what is or isn’t labour doesn’t matter. Nor the opinion of the NEET loser who wrote the theory you’re trying to use and hasn’t worked legitimately in his life. Their work generates value which is returned as profit. Their rewards are proportional to value generated. That’s all there is to it.
@Amikke @icedquinn
Nor the opinion of the NEET loser who wrote the theory you’re trying to use and hasn’t worked legitimately in his life.
Try again
https://blogs.dickinson.edu/digitalhistory/2017/12/14/marxs-early-journalism-career
Their work generates value which is returned as profit. Their rewards are proportional to value generated.
Value generated by who? Shifting numbers around doesn't generate value per se