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How do you figure? $450M / 8 years / 700 developers = $80k / year per developer.
by CSMastermind 1y ago
How do you figure? $450M / 8 years / 700 developers = $80k / year per developer.
- casion 1y agoAverage salary for a developer in India is about 1/10th of that.
- darth_avocado 1y agoMedian salary of a reasonable developer is about 1/2th of that and if you are talking about Microsoft, Uber, Google etc., then that’s the salary of a senior dev. https://www.levels.fyi/t/software-engineer/locations/greater-bengaluru https://www.levels.fyi/t/software-engineer/locations/greater... But more importantly, we’re all pretending, the only cost of building anything is salaries. A company that size could blow a million dollars a month just on AWS, and the AI stuff is waaaay more expensive.
- aprilthird2021 1y agoNo, it's not
- polyaniline 1y agoIt is
- spamizbad 1y agoThat hasn't been the case in like 20 years. Engineering salaries are around 40K USD, although they can even stretch into the six figures for major companies with deep pockets wanting to attract elite talent. The band is pretty wide and is largely based on whether you work in a body shop consultancy (low end) or a major tech company like Google (high end). And, like many things in this world, you'll find you'll pay for what you get.
- bigfatkitten 1y agoOnly if they’re all ex FAANG staff/principal.
- cubano 1y agoTypically, scams like this are very top-heavy with the vast majority of the pilfered cash going to a few well-placed "bros" at the top of the company pyramid. My guess? Most of the cash is socked away in BTC or some such wealth sink just waiting for the individuals to clear their bothersome legal issues.
- owebmaster 1y ago> My guess? Most of the cash is socked away in BTC Had they done this years ago they would be so rich it would be worthy keep builder.ai going just to avoid legal problems.