What would you say of startups that go for years paying its employees but never make any revenue? This is the majority of companies funded by VCs, what is the "profit" here?
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Raphael Lullis (raphael@mastodon.communick.com)'s status on Wednesday, 27-Nov-2024 00:34:38 JST Raphael Lullis -
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bumblefudge (by_caballero@mastodon.social)'s status on Wednesday, 27-Nov-2024 00:34:39 JST bumblefudge @scott I don't consider wages (even above market ones) profit. profit is what you extract from the wages of others by owning the business
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