• footfaults [none/use name]
    ·
    edit-2
    3 years ago

    The commenters there just love to be contrarian shitheads with zero self awareness that their entire industry lives and dies by a bunch of billionaires funding absolutely any half-assed idea in the hopes that they can beat Treasury bond interest rates, and that one successful startup that gets sold off to the bagholders retail investors recoups the losses of thousands of completely fucking stupid startups like Juicero.

    • JuneFall [none/use name]
      ·
      3 years ago

      They think they produce value which will be ever lasting. They don't see how for the vast majority of them the wages already fell hard and the trend isn't minimizing. When the major player do start to pay less for the so called "talent" they will be just minimum wage workers, too.

      • footfaults [none/use name]
        ·
        3 years ago

        The major companies have already been controlling wages, for decades. https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation

        The problem is everyone in Silicon Valley thinks they're smarter than everyone else.