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They do see upside - by being acquired by BigTech. So if Google wasn’t a “monopoly” you think a startup could make a better search engine? Be more popular than
by scarface_74 1y ago
They do see upside - by being acquired by BigTech.
So if Google wasn’t a “monopoly” you think a startup could make a better search engine? Be more popular than Android - Microsoft tried both and failed because people prefer Google products. It wasn’t for the lack of money.
And engineers are getting wealthy - by working for BigTech. Even an entry level developer at BigTech makes more than 90% of workers.
- echelon 1y agoThat's a low ceiling.
- scarface_74 1y agoReally? Making $250K a year for a mid level developer 3 years out of school is a “low bar”? Google has created many more millionaires than YC. The only way that you could be a millionaire by investing in YC companies at IPO would be to be a multimillionaire and lose half your money.