| ▲ | dpkirchner 2 hours ago | |||||||
That's what VC money is for. When it comes to paying below a living wage, we typically expect the government to provide support to make up the difference (so they're not literally homeless). Businesses that rely on government to pay their employees should not exist. | ||||||||
| ▲ | raw_anon_1111 2 hours ago | parent [-] | |||||||
That’s kind of the point, a mom and pop restaurant or a McDonald’s franchise owner doesn’t have the luxury of burning $10 for every $1 in revenue for years and being backed by VC funding. Oh and the average franchise owner is not getting rich. They are making $100K a year to $150K a year depending on how many franchises they own. Also tech companies can afford to pay a tech worker more money because you don’t have to increase the number of workers when you get more customers. YC is not going to give the aspiring fast food owner $250K to start their business like they are going to give “pets.ai - AI for dog walkers” | ||||||||
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