> The lower bound is your breakeven point - where you're not sure if its worth going in to work or not. This is conflating an irrelevant piece of data that has

> The lower bound is your breakeven point - where you're not sure if its worth going in to work or not. This is conflating an irrelevant piece of data that has nothing to do with the business outside of them using it against you to negotiate lower pay. It doesn't make any sense to use this number in a "range" to calculate profit for a business. Also, competing with SV-based companies is irrelevant as well since the same amount of competition exists currently. The amount of competition holds steady as long as the work-location flexibility offered across those companies is relative. And that's completely the choice of the business. If I'm paying to rent a cash printing machine, I have no realistic claim to demand all cash printing machine renters charge me less because I all of a sudden decide to work with renters from other locations. Obviously, I may find other renters willing to accept less, but I have no claim to demand that renters immediately drop their rental rates.