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Someone who values their time at $100/hour, working 40 hours/week, is making over $200,000 a year. I'm not sure if that technically qualifies as the 1%, but I t
by npizzolato 11y ago
Someone who values their time at $100/hour, working 40 hours/week, is making over $200,000 a year. I'm not sure if that technically qualifies as the 1%, but I think it's close enough to the GP's point.
- theli0nheart 11y agoI don't know if you've ever been self-employed, but billing out 40 hours per week is very hard. $100 / hour can afford you a middle-class lifestyle (assuming 25-30 hours per week AND fully employed, more realistically you can fill 70-80% of your time). $100 * 26 * 40 ⇒ $104k ⇒ and then slice off the employer portion for FICA and SS and you're looking at a pretty modest figure.
- Pharaoh2 11y ago$200,000 isn't even 5% in SF. The fact is that there are a lot of rich people and I am sure this service provides an amazing utility for them. No need to be jealous. I am sure they don't need to advertise on HN, it's more of a look this too exists.