4 ms·
That $175k was pre-pandemic, as the post says, it's $207,264 now. I'd also say that you're presuming a lot about the lifestyle of some strangers on the interne
by steveklabnik 2y ago
That $175k was pre-pandemic, as the post says, it's $207,264 now.
I'd also say that you're presuming a lot about the lifestyle of some strangers on the internet.
- ahl 2y agoWhich is $167,202 in pre-pandemic, inflation-adjusted dollars.
- parrit 2y agoThat's the point. "$175k is good enough for me" doesn't mean much, especially as they also have a large stake in the company (not an assumption) as well as possibly other advantages (or not, they dont divulge). Don't get me wrong. Rethinking comp is great and they are paying well. But you can't make the argument that X is enough for founders (plus let's forget equity!!) and so X is generous for everyone.
- steveklabnik 2y agoWe all receive equity.
- mrcwinn 2y agoAll the same equity, I assume?
- steveklabnik 2y agoNo, it’s variable. This is covered in this thread and in the original article.
- parrit 2y agoEye roll. I get capitalism. It's OK. Just say "we do capitalism". Why pretend otherwise?
- steveklabnik 2y agoNobody is pretending we’re not doing capitalism.