2 ms·

What does "silver league" mean in this context? Can you give examples? Is silver like "second place" or like "middle-aged" companies?

• lovich 4y ago
  In my social circles we roughly categorize the tech industry into faang, gold tier, silver tier, and wood tier. Faangs are obvious, good tier is up and coming businesses who pay and act like faangs. Examples are brex, stripe, Uber(at least back in the day, no idea what they’ve been up to the past year. Silver tier are the places that still pay well above average jobs but don’t go into the mega compensation and suffer a talent drought as a result. Places where they’re paying 120k total comp for a senior engineer and won’t part with any equity because the leadership can’t emotionally handle the investment needed to compete for engineering talent for reasons that I could go on for hours about. Wood tier are the companies that need tech but still try to pay <80k because they’d never pay high wages to any employee or still think they don’t need software and end up with some real shit engineering