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Would software salaries (in the US that is, we here in Canada get paid nowhere close to American levels) collapse though? There's practically unlimited amount
by theflyinghorse 7y ago
Would software salaries (in the US that is, we here in Canada get paid nowhere close to American levels) collapse though?
There's practically unlimited amount of work that needs to be done and practically unlimited amount of good ideas left in the world to exploit. One fund going out won't do anything to change that.
- buboard 7y agoThey would. The actual value that developers make is only a fraction of what they re paid in US. Look at wages in Europe, eastern europe or china which dont have a bubbly market and get paid the market fair price. Its very difficult for internet companies to make actual profit value when everything is locked down by behemoths sucking all the revenues. Besides , VC subsidies is what attracts developers to SV