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I guess high salaries paid by funded startups offset the risk that the company will flame out in 3-5 years combined with scarcity of developer talent - which in

I guess high salaries paid by funded startups offset the risk that the company will flame out in 3-5 years combined with scarcity of developer talent - which in itself is driven by lots of VC money sloshing around. When the money dries up, salaries will deflate. However, money will remain cheap while govts are printing it so liberally. Software isn't so much eating the world, it is eating mountains and mountains of cash.

throwawayboise 5y ago
Basically what I wanted to say. There is definitely a bubble in tech salaries, people are getting paid salaries that in comparison to other fields have no relation to the aptitude, education, and personal sacrifice needed to do the work. Will the bubble pop? I don't know. I thought it would pop long ago, but the flow of VC money into tech firms doesn't seem to be abating, and the consumer appetite for the dreck created by the FAANG companies is likewise.
- dougSF70 5y ago
  Basically, ride the wave while it lasts. And that CEO should suck it up and pay market rates, why else did he raise all that VC money?? To spend it on swanky offices and aws compute?
- 908B64B197 5y ago
  > people are getting paid salaries that in comparison to other fields have no relation to the aptitude, education, and personal sacrifice needed to do the work. None of these things matter. It's supply and demand, simple as that. And value created. Instagram had millions of users and 14 employees.
- 6gvONxR4sf7o 5y ago
  These people still create more value than they get paid. Seems fine.
908B64B197 5y ago
There's two choices right now: wait for salaries to go down and look at an other startup gain market share for the same idea you had or bite the bullet. Especially with SaaS, there's no reason why a single startup can't completely own a niche. Scaling is a matter of architecting code correctly (higher quality engineers will do that) and adding extra resources in AWS.

throwawayboise 5y ago

Basically what I wanted to say. There is definitely a bubble in tech salaries, people are getting paid salaries that in comparison to other fields have no relation to the aptitude, education, and personal sacrifice needed to do the work. Will the bubble pop? I don't know. I thought it would pop long ago, but the flow of VC money into tech firms doesn't seem to be abating, and the consumer appetite for the dreck created by the FAANG companies is likewise.

dougSF70 5y ago
Basically, ride the wave while it lasts. And that CEO should suck it up and pay market rates, why else did he raise all that VC money?? To spend it on swanky offices and aws compute?
908B64B197 5y ago
> people are getting paid salaries that in comparison to other fields have no relation to the aptitude, education, and personal sacrifice needed to do the work. None of these things matter. It's supply and demand, simple as that. And value created. Instagram had millions of users and 14 employees.
6gvONxR4sf7o 5y ago
These people still create more value than they get paid. Seems fine.

908B64B197 5y ago

There's two choices right now: wait for salaries to go down and look at an other startup gain market share for the same idea you had or bite the bullet. Especially with SaaS, there's no reason why a single startup can't completely own a niche. Scaling is a matter of architecting code correctly (higher quality engineers will do that) and adding extra resources in AWS.