Comments by "Samson Soturian" (@samsonsoturian6013) on "Gig Economy: The Money Sinkholes Investors Can’t Resist" video.

  1. The ultimate problem with gig economies is there's simply very little money in it for the workers. Also, for many online gigs you're competing with people from turdworld states who are content with grocery money.
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  2. These companies are also a case in point about the negative selection bias in IPOs. These are the companies whose management don't care about losing the bulk of future profits, ergo many of them are simply not profitable.
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  3. @OffGridInvestor  not really. IPO price is literally negotiated between big bank investors and management, so the IPO price is usually fair price. The price you, the nobody, gets filled at is during the first day pop paying an average premium of over 10%
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  4.  @boroqcat  this labor isn't free
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  5.  @boroqcat  purposeful hyperbole is lying
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  6.  @boroqcat  get a job, hippy
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  7.  @OffGridInvestor  well, most of the people who get into it are between jobs, or need extra cash on the weekends
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