4 ms·
I agree this happens - a lot. But if it's a matter of supply/demand and engineers being worth "$0.5m - $1m" then why are we not seeing salaries for developers
by dotBen 15y ago
I agree this happens - a lot. But if it's a matter of supply/demand and engineers being worth "$0.5m - $1m" then why are we not seeing salaries for developers a lot higher?
It would be a lot cheaper for Facebook to offer good developers $500k/year + options straight up rather than spending several million to buy a startup of a few devs, where a large %age of the purchase price is going to invetors and not the developers.
I wonder if Facebook, Google, etc paid that kind of money whether we'd see more young, talented developers joining Facebook rather than creating a startup?
Or maybe companies like Facebook already do pay that kind of money to the best engineers - we just don't hear about it?
- cynusx 15y agoAs I recall from a different interview, it's because the only reliable indicator that you are a great product person is to built, ship and maintain a great product.
- neworbit 15y agoit's a one time payment (often in stock, which tends to be accounted for differently) and not a recurring $500k a year
- dotBen 15y agoYou've missed my point - re-read my comment.