> at the expense of the majority
I disagree
First, the vast majority of tech work is not in risky startups.
Second, the risk is known. That is why high salaries are negotiated going into startups.
Third, most comprehension is not in equity. Startup employees do invest in their retirement outside of their equity.
Fourth, anyone can invest in software in the public market and through institutional investments like mutual funds, ETFs, ect.
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Criticize the system if you want. What's better? Feudalism? Communism? They're all much worse. Maybe someday someone will care enough to figure out a better system that doesn't repeat the mistakes of the past.
