3 ms·
Just to follow up on this: the problem is not Why is there so much money sloshing around in tech (that's obvious!), it's, Why are tech workers somehow getting a
by mrwh 6y ago
Just to follow up on this: the problem is not Why is there so much money sloshing around in tech (that's obvious!), it's, Why are tech workers somehow getting a decent slice of it?
- mattnewton 6y agoMy guess? Because tech companies have small enough startup costs outside the employees that they can credibly leave to start their own company. (And there is enough market demand where they could succeed, unlike some field like Law where it’s true the fixed costs are all lawyers and what they know, but your case record and prestige sets the demand)
- mrwh 6y agoI think that's probably a big part of it - and certainly in Silicon Valley. Part of the whole idea of the place. It might not require that much extra power on the side of labor (which this is) to create a large effect.
- higerordermap 6y agoBecause C-suites end up getting most money in any industry.