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The problem is that nobody is thinking long-term. Think about how startups work today. Rather than leasing a commercial office at half the price, they pay exor
by eldavido 9y ago
The problem is that nobody is thinking long-term.
Think about how startups work today. Rather than leasing a commercial office at half the price, they pay exorbitant premiums for WeWork. Nobody does proper capacity planning on AWS (let alone physical infrastructure), everyone only hires the most senior people, everyone pays exorbitant premiums to recruiters rather than building inbound candidate flow.
It's incredible how far we've pushed the time premium for money. I'm honestly not sure whether it's rational or not. But I think there are two good lessons from this.
#1: Patience is a massive advantage if you can pull it off. You can get out of the environment that's pushing senior level dev salaries to 200k or higher, pay less for everything, etc.
#2: There is good money in selling time to financed startups. If you can do anything that would conceivably let young, cash-rich startups trade time for money, that's a business.