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Ask HN: Startups that pay so little
I work in a niche tech field, so don’t expect to make as much as big tech.
But startups in my industry are offering max salaries for Sr roles of $150k in SF — which qualifies for affordable housing? https://sfplanning.org/home-sf
Since so many IPO and SPAC exits left staff with little to show for it, who are they expecting with these low salaries?
- mtmail 4y agoThe FAQ page puts Electrical Engineer at $95k/yr and 140% of area median income. With $150k you'd be at 220% of area median income. That's outside the "Who is affordable housing for" table
- nytesky 4y agoFor a Sr role it’s not unreasonable to expect a family of 4.
- sharemywin 4y agoI just don't know why they force people not to be remote. You could live very well in most of the country for that. And one big slogan for startups is get out of the office and talk to people. I would argue if you want to build something that has national appeal get out of the state.