3 ms·

Look at the replies too: a bunch of incredibly rich, spoiled brats who had everything paid for by their parents through graduation. Now that they're done, they

Look at the replies too: a bunch of incredibly rich, spoiled brats who had everything paid for by their parents through graduation. Now that they're done, they expect a high tech, luxury 2br apartment in the most expensive city in the world to be affordable on day 1. Anything less is "basically poverty."

_m96l 8y ago
Yeah, look at these people, expecting to be paid their market value! I mean, they're just engineers, right? They should be thankful for anything thrown their way, even if they'll never be able to afford a house or raise a family on it. They should be working for the lowest comp possible, just like the founders, chief executives, and the VCs. P.S. there was a NYT article posted here just a couple of days ago about how it's become incredibly easy to raise VC rounds of $100m+. There's a ton of money pouring into tech right now, and everyone is benefiting, from VCs to chief executives. Except engineers. We're not supposed to enjoy this success, I mean, all we do is build the products. https://www.nytimes.com/2018/08/14/technology/venture-capital-mega-round.html https://www.nytimes.com/2018/08/14/technology/venture-capita...
- seattle_spring 8y ago
  The salaries they are quoting are market for the top tier. IBM is not the top tier.
  - mental1896 8y ago
    100k is below average for a software developer in the area: https://www.glassdoor.com/Salaries/san-jose-software-developer-salary-SRCH_IL.0,8_IM761_KO9,27.htm https://www.glassdoor.com/Salaries/san-jose-software-develop...
    - seattle_spring 8y ago
      And new grads make below average, because they're below average in experience. What's your point?
- tdumitrescu 8y ago
  > everyone is benefiting, from VCs to chief executives. Except engineers. I don't know what world you're living in, but engineering salaries _have_ absolutely shot up in recent years. 10 years ago no engineer was scoffing at making 6 figures straight out of school. I remember being wowed when a friend reported that Google had started regularly offering 105K to fresh grads.
  - dunpeal 8y ago
    The article was about VC funding for startups. Has comp at startups improved that much recently? Not to my knowledge.
    - tdumitrescu 8y ago
      In my experience at several startups, and discussions with numerous friends and colleagues in similar positions, yes the eng comp at startups is much better than it was 5 years ago.

_m96l 8y ago

Yeah, look at these people, expecting to be paid their market value! I mean, they're just engineers, right? They should be thankful for anything thrown their way, even if they'll never be able to afford a house or raise a family on it. They should be working for the lowest comp possible, just like the founders, chief executives, and the VCs. P.S. there was a NYT article posted here just a couple of days ago about how it's become incredibly easy to raise VC rounds of $100m+. There's a ton of money pouring into tech right now, and everyone is benefiting, from VCs to chief executives. Except engineers. We're not supposed to enjoy this success, I mean, all we do is build the products. https://www.nytimes.com/2018/08/14/technology/venture-capital-mega-round.html https://www.nytimes.com/2018/08/14/technology/venture-capita...

seattle_spring 8y ago
The salaries they are quoting are market for the top tier. IBM is not the top tier.
- mental1896 8y ago
  100k is below average for a software developer in the area: https://www.glassdoor.com/Salaries/san-jose-software-developer-salary-SRCH_IL.0,8_IM761_KO9,27.htm https://www.glassdoor.com/Salaries/san-jose-software-develop...
  - seattle_spring 8y ago
    And new grads make below average, because they're below average in experience. What's your point?
tdumitrescu 8y ago
> everyone is benefiting, from VCs to chief executives. Except engineers. I don't know what world you're living in, but engineering salaries _have_ absolutely shot up in recent years. 10 years ago no engineer was scoffing at making 6 figures straight out of school. I remember being wowed when a friend reported that Google had started regularly offering 105K to fresh grads.
- dunpeal 8y ago
  The article was about VC funding for startups. Has comp at startups improved that much recently? Not to my knowledge.
  - tdumitrescu 8y ago
    In my experience at several startups, and discussions with numerous friends and colleagues in similar positions, yes the eng comp at startups is much better than it was 5 years ago.