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Venture Capital Dogbert: I need $100,000 for my location-based, social media, could start-up. Coworker: I'm not giving you $100,000 just because you spewed some buzz-words. Dogbert: The how about $10 million? Coworker: Wait... now it sounds like a good investment. How did you do that? Dogbert: I can tell you, but it won't be flattering.
Dilbert: ... and that's my suggestion for our next product. Alice: How do we know that ten other companies aren't working on the same idea. Dilbert: Well, that's always a possibility. Wally: There are seven billion people on Earth. I'll bet a million of them had this idea. Asok: It's irrational to think that any new product is likely to be a hit. On the other hand, we only get paid if we pretend to be optimistic about new products. Wally: All in favor of faking our optimism, raise your hands. Dilbert: All I could get was a fake buy-in. Boss: That's the only kind there is.
Dilbert: I spent four months creating this app, mom. I think I can sell a million of them for $3.99. Mom: I saw seven apps just like this in the app store and five of them were free. Dilbert: Thanks for the feedback, dream-killer. Mom: Have you ever thought of just using your first name, like Madonna?
Dilbert: Our competitor just bought ten million copies of our software. Boss: Huh? Dilbert: They plan to give it away for free to entice people to buy their own product that has more features. We'll be part of their freemium strategy. Boss: That's just showing off.
Boss: We're abandoning our low-margin lines of business and going into a whole new field. Dilbert: So... we'll be like a high-risk start-up company burdened with lumbering inefficiencies and a high cost structure? Boss: Was anything you said the same as buy-in?
Dogbert: I'll manage your portfolio for a standard industry fee of 1% per year. Wally: I'm investing a billion dollars. Your fee would be $10 million per year. Dogbert: Those index funds aren't going to pick themselves.
Man: Why are you picking this vendor? Dilbert: I listed the four reasons. Individually, each reason would not be compelling. But viewed as a whole, this is the best decision. This first reason is weak. Dilbert: And here we go.
Tags #business ethics, #wealth, #ceo, #good job, #50 million dollar bonus, #not motivated, #bad genes, #inequality, #dosaprity, #ceo and worker, #unfair wages, #crazy money, #slave wages, #more work, #no rewards, #money
Carol: What does our CEO get if he does a good job? Boss: A fifty million dollar bonus. Carol: What do I get if I do a good job? Boss: More work. Carol: What's your best guess about why I'm not motivated? Boss: Bad genes.
Dogbert: I'll pay you a million dollars a year to work at my hedge fund. I'll do the insider trading and you pretend you created an algorithm that makes winning trades. Dilbert: What if I actually create the algorithm? Dogbert: Sure, and maybe you can eat fiber and make gold, too.