131–140 of 166 posts
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You can be happy when your companies are bought and you can invest in a new round of (local) startups.
I believe in Finland you mostly invest in walls and then whats left is for few angel rounds.
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Correct. The labor board has issued its opinion that they should be considered employees but it hasn't yet been enforced by the courts. Instead, all Wolt couriers in Finland have been "independent contractors" and had to have their own business name or do other paperwork, that because of how Finnish law works for small business owners, means they get cut off from any public health insurance, unemployment insurance, e…
> because of how Finnish law works for small business owners, means they get cut off from any public health insurance This is not true. Finnish public health insurance is residency based: Every resident has it [1]. What you are probably thinking of, is the extra occupational private health insurance, that most Finnish employers provide for their employees (so that during work days, the employees don't need to wait in…
It's possible to buy private insurance of course, a common solution for tech freelancers here is to make your own business and then hire yourself as an employee, so at least you can get an occupational health care plan.
But private health insurance here is a joke anyway, they don't cover a ton of things because they assume they can just refer you to the public care for any of the complicated stuff. Mine wouldn't even cover a CPAP machine, I had to get on a public waiting list and borrow one from the state, and it took months.
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Depends how you look at it. Here in China (major cities) delivery is often free and when buying from delivery apps there are additional discount available that you can't get when visiting the restaurant. So basically it's often cheaper to get food delivered to your home than going to the restaurant itself.
If you had to guess how the economics of that work out, how do you think the delivery person is getting paid, and by whom?
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> because of how Finnish law works for small business owners, means they get cut off from any public health insurance This is not true. Finnish public health insurance is residency based: Every resident has it [1]. What you are probably thinking of, is the extra occupational private health insurance, that most Finnish employers provide for their employees (so that during work days, the employees don't need to wait in…
I believe most of the couriers have ”residence permit for an entrepreneur”. That means you get emergency care but thats about it. As your link states ” Jos olet tullut Suomeen tilapäisesti muualta kuin EU- tai Eta-maasta, Sveitsistä, Isosta-Britanniasta tai Pohjois-Irlannista, sinulla on oikeus vain kiireelliseen sairaanhoitoon. Hoidon kustannukset voidaan laskuttaa sinulta jälkikäteen. ”
This is not true, for Finland. Residence permit for an entrepreneur [1] is still a residence permit. You get residency, home municipality, and everything that goes with it.
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Def not in Finland. The question whether the freelance status is legal or whether the couriers should be classified as employees is still open. There was a preliminary decision that they are employees but the court process is still ongoing.
Correct. The labor board has issued its opinion that they should be considered employees but it hasn't yet been enforced by the courts. Instead, all Wolt couriers in Finland have been "independent contractors" and had to have their own business name or do other paperwork, that because of how Finnish law works for small business owners, means they get cut off from any public health insurance, unemployment insurance, e…
In he meantime it seems that their executive + lead level salaries took quite a hike between 2019 and 2020. At the sametime there were stories about how cost conscious they are. Funny.
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My experiences with Wolt are that the food comes in a car and is not warm.
I've seen a lot of Wolt carriers using public transit in Helsinki. The whole delivery system seems pretty Laissez-faire in a country that's usually pretty strict with regulations.
Well, that's sad news. Wolt used to be the only food delivery company that had actually functional customer service. They replied swiftly, sometimes automatically even granted some promo codes when the delivery was really late. I suppose that will be gone soon. Other companies I used ranged from "Your order never arrived? Ok, we'll refund you after some time if you jump through enough hoops" (Glovo) to non-existent:…
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I believe in Finland you mostly invest in walls and then whats left is for few angel rounds.
This should correlate with how much the founders net, and buying a house after your exit happens elsewhere too. Also, some of the profits go to the institutional investors and they definitely re-invest.
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Right, that’s why there’s a very large cultural crackdown on what can be shown, with pop stars being removed and wiped from the internet . With kids having their past times curfewed. Happy to cite, and this might be a giant rabbit hole, but I would posit there’s massive disagreement (both for and against) your statement.
Sure, some directions of "growing socially" are strictly prohibited in China and perhaps also for those who ever want to go (back) to China. But does some directions mean all directions in practise? I don't know.
Believing free speech is context dependent (outside of yelling fire in a movie theater) seems like a future worth avoiding no matter what the benefits are when viewed in a historical context. You can stretch the analogy and say the same thing about Iran. Sorry just not interested, we’re going to have to disagree here.