4 ms·
The graph seems related to the graph of venture funding over the same period: https://en.wikipedia.org/wiki/File:US_VC_funding.png https://en.wikipedia.org/wik
by montrose 9y ago
The graph seems related to the graph of venture funding over the same period:
https://en.wikipedia.org/wiki/File:US_VC_funding.png https://en.wikipedia.org/wiki/File:US_VC_funding.png
Which is not surprising considering that salaries are the number one thing venture funding is spent on.
- dis-sys 9y agoit depends on whether you believe VC money is driving the salary change or the overall profitability of the industry reflected by salary is driving VC's investment decisions.
- zbentley 9y ago> salaries are the number one thing venture funding is spent on. Are you sure? I think that's possible, but my first guess would be rent (anywhere, not just in SF--unless you're all remote, even tiny corporate real estate is expensive), followed by salaries/benefits. Regardless, it would be interesting to see some data explaining how VC funding is spent. Even better to see how the spending percentages change over time/stage.
- falcolas 9y agoWell, if you take the WeWork style co-working spaces as a real estate cost baseline, each employee in a private office will cost somewhere around $1,000 a month for the space. In contrast, an employee making a salary of a mere $120,000 will cost the company somewhere north of $13,000 a month (salary + taxes + benefits).
- deleted 9y ago[deleted]