4 ms·
> we can't pay VC money > we can't pay FANG So you're not paying market salary.
by murderfs 4y ago
> we can't pay VC money
> we can't pay FANG
So you're not paying market salary.
- username_my1 4y agolots of people think that vc money rates are market rates.
- mattcwilson 4y agoDo they also think that Lamborghinis are “market cars?”
- sokoloff 4y agoThey’re not paying the top of market salary. They are paying a market salary. People who want the full FAANG experience are welcome to chase/choose that. This article and comment thread is about a hypothesis that there are very good developers who don’t want that full FAANG experience and how employers might meet them at another point on the multi-dimensional frontier defined by (company, interesting problems, pay, colleagues, BS, on-call, work conditions, tech approach, remote, etc.). Different points in that space have different market rates. The rate to work 3 days/week, full remote, with three other great colleagues on a project personally meaningful to you is different than a 5-day per week job on-site in an open bullpen pushing software to wring more value from a warehouse worker or target ads 0.0001% better.
- brabel 4y agoIf you think FANG is market salary you understand neither what the FANG acronym represents (the very top companies in the industry) nor what market salary means (average salaries - NOT what top companies can pay in SF).
- compiler-guy 4y agoIt turns out supply and demand are both curves, not points. A "market salary" is the entire graph--and even that is vastly oversimplified.