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by troad 855 days ago
Plus the sales tax on the hot app to begin with. Plus all the paperwork for all these various fees, cuts, and taxes. Plus all the start up costs. Plus full responsibility for the (relatively high) risk of failure.

What incentives are we setting up for people looking to start new tech businesses? No wonder the average start-up plan these days is 'don't bother with sustainable profits, just make a splash, cross your fingers and hope to "exit" on the back of some VC with more money than sense'.