|
|
|
|
|
|
by slyfocks
3206 days ago
|
|
|
This is an absurd comparison—major sports teams bid for extremely scarce talent, and they generally have the revenue to support large talent purchases (which have never been anywhere close to the price of Neymar). No file storage startup with minimal operations needs or deserves this much money. They’re not in an industry with high initial fixed costs and they’re not labor-intensive like an Uber or Instacart. |
|
|
If you watch closely, the increased prices payed by sports teams are calculated in such a way to lower operating profit for the "team" (i.e . company) to a tax friendly point.