• killingspark@feddit.org
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 month ago

    Hey now! They are also taking on a lot of risk! Like being poor if they somehow manage to miss the golden parachute after messing up on the job

    • Passerby6497@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      1 month ago

      They are also taking on a lot of risk! Like being poor marginally less rich if they somehow manage to miss the golden parachute after messing up on the job

      • timestatic@feddit.org
        link
        fedilink
        arrow-up
        0
        arrow-down
        1
        ·
        30 days ago

        If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector. Really depends on the company but if you want to get a loan banks want some safety to back it up

        • Passerby6497@lemmy.world
          link
          fedilink
          English
          arrow-up
          0
          ·
          29 days ago

          If you don’t have wealth amassed outside the company and the company ends up not being able to pay debts your entire livelihood can be taken by a debt collector.

          Man, I wonder what it would be like to live like that. Just dependent on a company making money so you don’t have your livelihood taken from you…

          • timestatic@feddit.org
            link
            fedilink
            arrow-up
            0
            arrow-down
            1
            ·
            27 days ago

            If you work for a company and it goes bankrupt you don’t get your entire private shit seized. You can find a new company to work for. Starting a company based on debt is inherently risky. This comparison isn’t really as great as you think it is.