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by nothrabannosir
323 days ago
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Your broader point may stand but that’s not a counter argument if you give the original claim the benefit of the doubt: it can reasonably be interpreted as referencing lifestyle oriented businesses, niche b2b companies, anything small growth with a low ceiling. Counting unicorns only serves to bolster that point : those are large VC fueled ships which operate on a completely different level. Because it is clear at founding time which type of company they are , it’s reasonable to include that as a qualifier. Now if the data showed more small-growth companies were started , that’d be a stronger counter argument. |
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The counter argument is that high salaries enable more people to save and take risk rather than just those that start out wealthy.
The main counter is that people get comfortable and don’t take risks is definitely true, but I’m not sure how much that impacts the amount of entrepreneurship that would have otherwise happened.