Can a startup repair the winner-takes-all talent economy? With $8.5M, Pando wants to find out

Can a startup repair the winner-takes-all talent economy? With $8.5M, Pando wants to find out

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/06/09/can-a-startup-repair-the-winner-takes-all-talent-economy-with-8-5m-pando-wants-to-find-out/

It’s a winner-takes-all economy. More and more labor markets act as lotteries, where a couple of “superstar” workers make extremely outsized returns relative to their peers — who may well have started from the exact same starting line.

In the tech world, two JavaScript engineers can potentially earn billions of dollars in differential compensation by simply choosing different startups to join, and that massive income spectrum extends to professionals from law to finance to research careers to even my friends in journalism.