2 ms·
overpaying makes sense, over-hiring makes sense. for two comparable companies, with comparable products look at Asana vs Basecamp. How much does Basecamp pay
by dzonga 4y ago
overpaying makes sense, over-hiring makes sense.
for two comparable companies, with comparable products look at Asana vs Basecamp.
How much does Basecamp pay for a senior engineer ? they pay top end of SF salary regardless of location. However, you can best that Asana is paying at least 1.5x what Basecamp pays + RSU's etc.
Yet Basecamp is printing money and yet Asana is bleeding money.
How many engineers does Basecamp have ? How many does Asana have ?
so yeah the concept of overpaying and over-hiring exists and not just a fallacy.
if it was market driven, then the laws of the market would dictate Asana not to pay a premium over Basecamp for talent.