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Background: I'm a consultant for a company that does technical due diligence on tech companies being purchased by private equity firms. When we do one, we get a
by iainctduncan 5y ago
Background: I'm a consultant for a company that does technical due diligence on tech companies being purchased by private equity firms. When we do one, we get all the information, including comp and totally salary to revenue, etc.
FWIW, there are a surprising number of companies that pay senior contributors this well in unglamorous fields. The world is full of what we call "tech enabled service companies", and some of these do very, very well. They depend very much on their secret sauce - the software they develop that makes them special. My perception, however, is that they probably aren't generally hiring at those kind of rates, but rather promoting/raising the devs that helped get them where they are. Some of them seem like very nice places to work.
The old adage applies: you make money doing what other people don't want to do or can't do. If it's not glamorous and hip and shiny new tech, the competition is a lot less fierce and rates must rise accordingly.