4 ms·
Sorry to be cynical here but I see that the myriad of new Tech companies do all pretty much the same thing and users don't stick to their product. However at th
by victork2 15y ago
Sorry to be cynical here but I see that the myriad of new Tech companies do all pretty much the same thing and users don't stick to their product. However at the end of the day these companies do not survive and I don't even know if workers see that fact. For Business Investors it's a typical situation where it's "Make a lot of cash, fast, SELL". They all know that the company is not going to survive past the buzz, but they don't care because in the meantime they can make money out of it.
People if you want to dream, do a product that is really useful, forget the "social", "new consumption" keywords that we hear everywhere and build a product that will last.
Also 70k in Silicon Valley is not great. Living there is very expensive. I know they have stocks but look at the fine prints to resell them! Remember that a salary is relative to an area.
But anyway keep on dreaming, it is not forbidden.
</cynicalguyrant>
- jsnk 15y ago>Also 70k in Silicon Valley is not great. Living there is very expensive. Wow, I had no idea. Here in Canada, 70K in Canada is definitely above average for entry or junior level developers. I think high 50k to low 60k is around the average here for developers right out of college. How much is the average salary for established developers and entry-level developers around the Valley and the Bay area?
- tmurray 15y ago$85-100k seems to be about entry level for software engineers with a BS in CS from a good school at established companies in this area. My impression is that the Google/Facebook talent war has significantly increased this over the past few years.
- fam 15y agoI'm guessing these guys have several years internship experience and a load of side projects coming out of school? I know a few guys who came out with just a degree and 0 exp starting at around the mid $50k range.
- mahyarm 15y agoI've just moved recently to Palo Alto, but I've heard that compared to several years ago the rent, utilities and general cost of living has gone up significantly too. A coworker of mine has a studio in the Richmond District,SF for $800/month, but now that same studio would probably rent for $1300/month. That's an almost $10'000 increase in pre-tax income needed to cover the difference.
- gxs 15y agoYou know, I'm tired of hearing this. I live very comfortably and my total expenses are <$1500/mo. This might get a small bump if I go out more than usual in a particular month. But really, I wonder what everyone else does so differently.
- victork2 15y agoAgreed, but after Engineering studies you want to make "big money" if you go to SV. And if you read the article it is worded as such: > "Her more than $70,000 salary, stock options and personal investment portfolio, though, go a long way to alleviate any parental concerns. " Which seems to be so much money that her parents forget their worries. What I am saying is, in term of SV salary that's not much to have 70k. Actually 75k in S.V. ~ 55k in Atlanta for example. Personally I have a very good salary (> 70k) and I have way to much money per month. I don't buy gadgets or anything so yeah I am way below $1500 / mo.
- gxs 15y agoAgreed. I rent a room in a house and my rent is about $600/mo. including utilities. (this isn't hard to find, unless you want to live in a highly desirable area of SF. I personally have found I can get all the benefits without living in the epicenter) Insurance, phone, and gas run about 200 dollars a month. The rest consists of food and drink, by far my worst habit and biggest expense, varies between 700 and 800 per month. This puts me anywhere between 1500 and 1800 in expenses per month. I suppose if I were to amortize unforeseen costs (the occasional 300 dollar repair on the car, occasional shopping for clothes) those figures would creep a bit higher. It all depends on where you're coming from I guess, I grew up with frugal parents who placed value on family and good times around the dinner table as opposed to expensive clothes and cars.
- ipince 15y agoRent alone (in SF) will _easily_ put you above 1500/month
- lansing 15y ago
- dpres 15y agoHere are some of my friend's salaries. 1-4 graduated from the same school as me in TX in the same year, not sure where 5 went to school: (1) $120k/yr - tester - Seattle area - large company - interned 1 yr at same large company as tester. (2) $75k/yr - software dev - bay area - small company - interned 4 yr at different small company as software dev. (3) $65k/yr - Java dev - Dallas, TX - medium size company - no internship experience, but competent programmer (4) $60k/yr - software dev - Dallas, TX - large company - never wrote a line of code through University (5) $110k/yr - M$ sharepoint maintainer - Dallas, TX - large company - n/a