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Nothing in the GP's comment implies a "bail out," or that they don't understand the immense privilege associated with tech wages. Focusing on that talks past t
by woodruffw 4y ago
Nothing in the GP's comment implies a "bail out," or that they don't understand the immense privilege associated with tech wages.
Focusing on that talks past the point: a person can simultaneously be paid handsomely and still underpaid, if their productive output significantly outstrips their salary.
The last time I checked, Google's revenue-per-employee was around $1.6 million.
- nickff 4y agoRevenue per employee is a very poor measure of productivity; it would imply that many people working at startups are completely unproductive (which rings false to me).
- woodruffw 4y agoThere is a very literal sense in which working at a early startup is less productive: you're trading current productive capacity for potential future productive capacity. The economics bear this out: early startups pay less, and offer equity to compensate. That's a long way of saying that we shouldn't confuse economic productivity with effort.