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More Economics in New Florence
Last Labor Day, Fortune raised a firestorm of reader comments by suggesting Americans did not work hard enough.
This weekend, Jason Calacanis has raised a firestorm in the Valley for his comments about start-up employees needing to be workaholics.
What is lost in the debate is Jason's (and his commenters) long list of penny pinching suggestions. Contrast the mentality to many of Fortune's readers who work for large companies and do not seem to mind paying $ 10,000 in international airfares, $ 5,000 a gallon in printer ink, $ 2 to 4 a minute in international mobile calls, $ 3 to 5 a gigabyte a month in storage.
Jason's suggestions continue a trend of compelling economics at other start ups I have written about here, here and here
If technology start up economics continue to evolve like Jason and others have shown in the last few years, they can afford to be far more relaxed about labor costs. In fact, they can even joke about it.
March 09, 2008 in Industry Commentary | Permalink