6 ms·

Fascinating. Everyone here is complaining that 2M for 8 employees seems steep, but I think this seems really cheap. Admittedly, I work at Google, but we bat aro

Fascinating. Everyone here is complaining that 2M for 8 employees seems steep, but I think this seems really cheap. Admittedly, I work at Google, but we bat around the number of 400-500k per employee when discussing them here. 250k/ in SV seems really reasonably priced in comparison.

EugeneOZ 10y ago
Maybe SV is not the best place then. Especially when they are working remotely. One thing is to make money and pay salary as you want, and another one is "we want such salaries, please donate". But don't get me wrong, I'm going to subscribe for monthly donation to them. They save a lot of my time monthly.
- deleted 10y ago
  [deleted]
- freehunter 10y ago
  I'd say it's a true statement. The reason you start a company in SV is to get access to the people who live and work in SV. If you don't use that pool of resources, there is no point in being in SV and paying to be in SV. Might as well move to Madison, WI and halve your expenses. And there you'd have access to University of Wisconsin graduates and can compete on wages with Epic instead of Google and Apple.
autotune 10y ago
400K per employee at a 32.7 billion dollar company is a vastly different ratio compared to spending ~250K per employee at a start-up with limited funds.
- robryan 10y ago
  Both are competing for the same talent. Also in the Let's Encypt case there are no stock options to make up the difference with the big tech companies.
  - autotune 10y ago
    Yes but different people have different tastes, and some may prefer a greater and steady base pay over a potential payout at the end that you have to have enough money to pay the tax on beforehand, or when cashed out. Anyway financial prospects aside, some may also prefer the flexibility of making an impact at a smaller company vs working for a bigger one. Same talent, different preferences.
SilasX 10y ago
Are you sure those figures are something your employer is okay with being shared here?
- ceejayoz 10y ago
  Google's publicly held. You can find out a lot more than that tidbit in their public filings with the SEC.
  - SilasX 10y ago
    But not specifically a job title's internal expectation of fully-loaded cost or willingness-to-pay. You can find salary and benefit aggregates, sure, but that's not the same thing.
jahnu 10y ago
> I work at Google, but we bat around the number of 400-500k per employee That sounds astronomical even by SV standards. Perhaps I'm completely out of touch.

EugeneOZ 10y ago

Maybe SV is not the best place then. Especially when they are working remotely. One thing is to make money and pay salary as you want, and another one is "we want such salaries, please donate". But don't get me wrong, I'm going to subscribe for monthly donation to them. They save a lot of my time monthly.

deleted 10y ago
[deleted]
freehunter 10y ago
I'd say it's a true statement. The reason you start a company in SV is to get access to the people who live and work in SV. If you don't use that pool of resources, there is no point in being in SV and paying to be in SV. Might as well move to Madison, WI and halve your expenses. And there you'd have access to University of Wisconsin graduates and can compete on wages with Epic instead of Google and Apple.

autotune 10y ago

400K per employee at a 32.7 billion dollar company is a vastly different ratio compared to spending ~250K per employee at a start-up with limited funds.

robryan 10y ago
Both are competing for the same talent. Also in the Let's Encypt case there are no stock options to make up the difference with the big tech companies.
- autotune 10y ago
  Yes but different people have different tastes, and some may prefer a greater and steady base pay over a potential payout at the end that you have to have enough money to pay the tax on beforehand, or when cashed out. Anyway financial prospects aside, some may also prefer the flexibility of making an impact at a smaller company vs working for a bigger one. Same talent, different preferences.

SilasX 10y ago

Are you sure those figures are something your employer is okay with being shared here?

ceejayoz 10y ago
Google's publicly held. You can find out a lot more than that tidbit in their public filings with the SEC.
- SilasX 10y ago
  But not specifically a job title's internal expectation of fully-loaded cost or willingness-to-pay. You can find salary and benefit aggregates, sure, but that's not the same thing.

jahnu 10y ago

> I work at Google, but we bat around the number of 400-500k per employee That sounds astronomical even by SV standards. Perhaps I'm completely out of touch.