3 ms·
> Shareholders should revolt against those rich software developers? Of course they should. Hiring a few, strategic, expert developers at those rates might mak
by cudgy 4y ago
> Shareholders should revolt against those rich software developers?
Of course they should. Hiring a few, strategic, expert developers at those rates might make sense. However, paying 200k+ for a newly graduated student with no experience should have been questioned firmly.
- hahaxdxd123 4y agoYes, it would be much better for inequality if everyone's salaries were low and the trillions of value created in tech to go to a couple VCs, their LPs and their trust fund kids.
- cudgy 4y agoSome of that goes to workers with vested options too plus 401k and pension investors as well. Also, we are not talking about low salaries with the FAANG companies; the rest of the industry gets paid much less and noone is crying a river for them.
- seper8 4y agoMaybe that newly graduated student provides more than 200k in value?
- cudgy 4y agoOk, but did the company have to pay that much to get that same value? I saved a company from losing a $5 million dollar sale when I was 6 months out of university, but should I have received $5 million for my value? Plenty of other people could have accomplished the same thing.