Tag Archives: Economics

In a world… of venture capital

On Twitter, Robin Hanson asked a question yesterday I have given a lot of thought to, which is why the bigger venture capital firms dominate the market and make oversize profits while the other firms taken together make almost no … Continue reading

Posted in Death by Metrics, Impractical Optimization, Personal Experience | Tagged , , , , | 37 Comments

Private Firm vs. Public Firm Earnings

Robin Hanson asks: Interesting that private firms have 67% of employees yet only 20% of profits. Is this mostly because owners take “profits” off the books to avoid taxes, or because owners attend more to growing firm value than to … Continue reading

Posted in Economics, Uncategorized | Tagged , | 2 Comments