Employment of a white collar professional is essentially a bet, on the company's part, "We think you're, hmm, call it three orders of magnitude more productive at this firm than you would be without our structure/capital" Founding is a complicated bet which rounds to: "... Nah."
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Why 3 orders of magnitude? For professional services I’d guess the ratio is more like 2 or 3, which is still enough to justify the employment arrangement
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