4 ms·
There's really only one interesting fact in this story for the HN crowd (who already know about tech salaries at the top), and it's this: Pay is basically doub
by repolfx 7y ago
There's really only one interesting fact in this story for the HN crowd (who already know about tech salaries at the top), and it's this:
Pay is basically doubling every year ... Last year, the company earned £102 million (admittedly up from £54 million) a year earlier.
So both pay/headcount and revenue doubled.
Tech firms hiring isn't news. What shocked me here is that DeepMind makes £100 million pounds a year off anything. What are they doing, exactly? I thought they didn't have any products. Is this based on some kind of funny inter-firm accounting where the main Google HQ pays them IP licensing fees? Or do they have lines of business they aren't talking about much?
Anyone know?