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Google had nothing to do with 2008 indeed, but look at where tech salaries are today. Clearly that unrelated disaster was not going to impede tech's climb. I co
by JMTQp8lwXL 7y ago
Google had nothing to do with 2008 indeed, but look at where tech salaries are today. Clearly that unrelated disaster was not going to impede tech's climb. I considered the parent poster's question within the context of uniquely big tech risks. Global economic risks impact all industries; there's nothing particularly unique there. If we have another global crisis, we could tank for a bit, then recover, and FANG staff salaries could end up exceeding the $500-600k mark. When implying these "golden years" could end, do we mean a local maximum or an absolute maximum? We could be quantifying this a bit more precisely to uncover more insightful reasoning.