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Back to Getting a Billion People Working From Home.

How Does Cost of Housing Impact Startup Company Culture

In bay area, for example, housing costs create pressure on people to jump ship pretty fast, switching companies every year. It is a rational economic strategy to maximize individual's gains, given startup uncertainty, but it is not great for startups.

To build a long-lasting conglomerate like Amazon, able to take on any new challenge, you need people who stay with the company, stay energized, and look forward to building the next chapter.

Transcript

Getting a Billion People Working From Home ·

My First Million

More from this episode

  1. What Is Rev.comIt's a two-sided marketplace to convert audio and video to text.
  2. Will AI Ever Replace Human-powered TranscriptionAI is definitely going to shrink the market in certain areas because machine transcripts are pretty good for many use cases, but they are also nowhere near…
  3. How Do You Negotiate Equity in an Early-stage StartupAt the very beginning, the information is very asymmetric. You don't know much about the company and the company does not know your value.
  4. Big Company or a Startup, Which Should I PickFor most people who want to start a company one day, joining an early high-growth startup is a great way to learn across many different functions.
  5. Should I Use Rev or UpworkWhile Upwork might be able to find you a person that does transcriptions, their value add ends there.
  6. What Makes Rev a Great Choice for FreelancersPeople working on Rev enjoy the content they are paid to transcribe, so in addition to money, they are getting value from the content itself.

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