3 ms·

Overpaid based on what?

• datalopers 4y ago
  Overpaid in the same way publicly traded tech stocks and VC/PE valuations were grossly inflated. Salaries are going to come down just like valuations. As people generally won’t accept paycuts, it’ll come in the form of laying off 2 engineers and backfilling 1 of them at half the prior salary rate. VC backed companies will start dropping like flies and the market will flood and salary requirements will drop fast.