That’s kind of the point, a mom and pop restaurant or a McDonald’s franchise owner doesn’t have the luxury of burning $10 for every $1 in revenue for years and being backed by VC funding.
Oh and the average franchise owner is not getting rich. They are making $100K a year to $150K a year depending on how many franchises they own.
Also tech companies can afford to pay a tech worker more money because you don’t have to increase the number of workers when you get more customers.
YC is not going to give the aspiring fast food owner $250K to start their business like they are going to give “pets.ai - AI for dog walkers”
In that case they probably shouldn't be running a McDonald's. They aren't owed that and they shouldn't depend on their workers getting government support just so the owners can "earn" their own living wage.
Yet tech workers are “owed” making money because they are in an industry where their employers “deserve” to survive despite losing money because they can get VC funding - funded by among others government pension plans?
I find it slightly hypocritical that people can clutch their pearls at small businesses who risk their own money while yet another BS “AI” company’s founders can play founder using other people’s money.
Oh and the average franchise owner is not getting rich. They are making $100K a year to $150K a year depending on how many franchises they own.
Also tech companies can afford to pay a tech worker more money because you don’t have to increase the number of workers when you get more customers.
YC is not going to give the aspiring fast food owner $250K to start their business like they are going to give “pets.ai - AI for dog walkers”