4 ms·
What? Where are people going to get the money to pay higher/equivalent salaries if not funding? The non-tech sector seems perfectly content to pay engineers 60
by superuser2 11y ago
What? Where are people going to get the money to pay higher/equivalent salaries if not funding?
The non-tech sector seems perfectly content to pay engineers 60k under constant threat of outsourcing. In the absence of Silicon Valley competing for talent they'll get away with less, not more.
- phamilton 11y agoSilicon Valley won't disappear. Google/Facebook/Apple/Microsoft/etc have been and will continue competing for talent. 2005 to 2009 was hardly a time of "easy money", yet the big tech companies still had to resort to collusion to combat demand for engineers.
- superuser2 11y agoWhat? 2006 was the heyday of Rails and the gazillions of startups built on it.
- phamilton 11y agoYes, but not the hayday of crazy series D rounds. EDIT: Easy data point, YCombinator was only a 20k investment back then. Very different story of access to funding.