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There is a bigger system than Google/Facebook here: all the engineers that work for these and other companies. It's not just this one person who is affected. Th
by pms 13y ago
There is a bigger system than Google/Facebook here: all the engineers that work for these and other companies. It's not just this one person who is affected. There are all these engineers whose wages and opportunities are lower that they could be.
- hkphooey 13y agoExactly, you could call it the trickle-down effect. If you apply for a job at a start-up they can say "Hey, an engineer at Google makes this much, you're not as good, so you're going to make 25% less, and since this is a start-up we're going to take another 25% off.". Look at AngelList and the salaries being offered. Isn't is strange that the majority of salaries top out at the same amount, and the amount of equity on offer seems to be the same too. Smells like something fishy going at the VCs to price fix wages of start-up worker bees...