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I definitely feel like, over the past 15 years, there's been a growing rift between VCs/founders and software engineers. Back in the aughts there were so many
by spamizbad 4y ago
I definitely feel like, over the past 15 years, there's been a growing rift between VCs/founders and software engineers.
Back in the aughts there were so many posts and thought-pieces written by both founders and VCs about attracting and supporting developers. Lots of founders talking up how their engineers make a real difference. By the first half of the '10s that stuff disappeared, and by the 2nd half you started seeing lots of resentment going both ways.
Capital thinks devs are capturing too much upside; labor thinks capital is capturing too much upside. From capital's point of view, the engineer circa 2023 is doing the same work their engineers did circa 2008 so why are they entitled to 2.5x the comp? And of course the engineer is wondering why the value they're creating is worth 10x what it was back in 2008 but their pay is only up 2.5x?