Oh he actually wrote a "it's-not-you-it's-me essay", I actually didn't think he was arrogant, until you mentioned that. If that is true, then he really is arrogant.
As true as this account may be, It would have been in the author's interest to not reveal it at all online, Since after all he still has equity in the company.
As true as this account may be, It would have been in the author's interest to not reveal it at all online, Since after all he still has equity in the company.
The simplest answer is that many people believe the "free market wage" is not always the apropriate wage.
Anyhow your defining the free market wage, as the wage the get paid if the have no legal help in there negotations. And then your defining the appropriate wage as the free market wage.
So you are basically stating that by definition the appropriate wage for people to be paid is the wage they could negotiate if they have no laws to help them negotitate.
Basically your conclusion is the axiom you start with.
I just meant more that if someone was starting a streaming live video on the go startup. The technology I would be interested in seeing, is if they had developed a easily portable camera with persistant wireless connection.
I personally do not consider most software to be new technology, unless it has some especially innovative algorithm or something. But calling all software technology is just a matter of personal taste.
Umm..do any of the people "in the know" as you say, have a technical background other than computer science? Ive heard plenty of people in CS refer to a cool programming language as a new "technology". That may be a technically correct use of the word. But when I hear the word technology I think of faster CPU, smaller ram, more powerful jet engines, a new way to design drugs, etc....
In this particular case of streaming video...i would think smaller more convinent cameras with better bandwidth and easier access to the internet.
But from what I have read, they just hacked together off-the-shelves technologies. Making new technology in the semi-conductor industry is often very expensive. Besides the skill set required to hack-together off the shelve technology is not nearly as specialized and difficult as making new circuits/chips.
Since you define what someone is worth as what they are getting paid..you essentially stating a tautology.
However, I would also note that since what people get paid depends on the existance of Unions, and is also effected by the law and certain legal regulations. Then the value someone is worth changes depending on what the laws currently are.
So in any case I am in favor of trying to increase the worth of people.
(Not that this is really relevant, but most people who lead companies actually do not need their workers, they often can afford for the company to fail, and still live a comfortable life...)
Well this goes into the whole philosophical question of the word "freedom" and "free will"...
It all depends what you mean by the word "freely". But unless you are actually rich, you don't really have the freedom to not get a job. So I would not describe this as purely a contractual agreement entered into by parties freely.