Conflicts Of Interest Business Everywhere
Conflicts of interest (COI) are underlined.
A private company pays some employees at a fix rate to work, but as all beings created by nature, the employees are inherently lazy and don’t want to work. Manufactured incompetence[1] guaranteed!
One way to solve this is to have the employees own shares of that company. Those companies are called co-op / cooperatives… wait… the food industry wins again!
Well, that’s the only ethical way of aligning the interest of employees that I know.
If the company goes public, then… COI Battle Advanced! *dumps a million dice on the floor and they go everywhere*.
And then you have VCs, which, each only cares about themself.
Now I have more respect for that private company whose founder only kept 1% of the company’s equity.
maybe not “incompetence”, but definitely lazier than when one works on their own projects ↩︎