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"Or to put it another way, a tournament of 100 developers competing for five $100k/year jobs provides each developer with an expected value of $5k/year/eight_ho
by mars4rp 9y ago
"Or to put it another way, a tournament of 100 developers competing for five $100k/year jobs provides each developer with an expected value of $5k/year/eight_hours. That's an expected value of $612.50/hour. In terms of the App store that's like writing another FlappyBird."
this would have been true if the selected developers didn't need to work for a year and get paid for it!!! you can calculate it by ($100k - $marketRate )/ year / eight_hour !!!
- brudgers 9y agoI agree. I got carried away ranting about app stores...again. How likely is it that a developer will develop an app in 8 hours with an expected value of $5k/365 or $13.70?
- mars4rp 9y agoEvery developer that spent a year developing an app does so on the hope of $millions. No body create a band to perform in their garage, everybody do so in the hope of being Beatles!