3 ms·

I am watching it live and the way Mark said is, "We will be basing compensation on location like we always have and still paying top of market". I think that's

• roosterdawn 6y ago
  This should really be the pinned comment, as it does tell you everything you need to know. You've always had to move somewhere more expensive/with a heavier tech center gravity to have your career take off whether it's in terms of clout or total compensation (both of which are inextricably intertwined). Where this development fascinates me is that it vastly increases the pipeline into the FAANG BigCos. I'm sure that, not to be outdone by FB, other members of FAANG will be having serious conversations that are along the same lines as this. Even if your career at a certain company plateaus because of satellite syndrome, you at least have the door open to moving to where the action is if that's what you prioritize. But for me, so long as the real world reflects the asymmetry of capital allocation at central nodes, so too will salaries reflect that. I don't see any point in protesting that. I feel like it's more valuable to try and figure out a way to speed up the diffusion from central nodes outwards which already appears to be happening, and which this story is part and parcel of.