This development came from amazon India as government came up with a law to prevent e-commerce platforms from selling on their own platform. So amazon started by selling off the equity on largest amazon sellers which were amazon companies to wealthy people in India.
Amazon Demands One More Thing from Some Vendors: A Piece of Their Company
11–14 of 14 posts
Re: Amazon Demands One More Thing from Some Vendors: A Piece of Their Company
#12This is low-key awesome! Like, we've allowed one company to become so powerful that they can straightup demand a portion of yourself in order to do business with them!!! Hopefully the US soon allows corporations to be congressmen and senators to ensure complete dominance on all aspects of regulation and other threats to profitability!
I think we should begin thinking about not only "unpaid" internships (if there was no value, no one would do them), but also "admission costs" for internships. If you want that little FAANG blurb on your resume, you gotta cough it up. The lifetime value of that internship probably exceeds a million but a solid 5k sounds good to me.
Re: Amazon Demands One More Thing from Some Vendors: A Piece of Their Company
#13Earlier quoted context omitted.
I think we should begin thinking about not only "unpaid" internships (if there was no value, no one would do them), but also "admission costs" for internships. If you want that little FAANG blurb on your resume, you gotta cough it up. The lifetime value of that internship probably exceeds a million but a solid 5k sounds good to me.
You realize that FAANG internships pay very well, right?
But it was pretty clear to me