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Yeah I am going to go ahead and agree with the 'compensated (somewhat) fairly'. Tech employees offer unprecedented leveraged effort -> work put in affects so m
by ryanobjc 7y ago
Yeah I am going to go ahead and agree with the 'compensated (somewhat) fairly'.
Tech employees offer unprecedented leveraged effort -> work put in affects so many people, and has huge effects. In terms of return to capital, right now employees, especially for startups, are getting shafted beyond belief.
Thanks for attending my TED talk on "why I will never work for another startup again".
- andrewxdiamond 7y agoWith the birth of the modern IT centric world, the individual has the ability to create unprecedented amounts of value for a company. A good team of 5 developers can easily out value an entire department of 50 or 60 people. Developers might be compensated fairly, or at least somewhat fairly, but that value isn't pulled from nowhere. Too often people who critique the economy are focused on the individual view. Economies are large systems, and any good developer knows that a system with weak spots quickly turns into a sinking ship.