What It Costs to Run Let's Encrypt

Re:What It Costs to Run Let's Encrypt by bertiewhykovich on Tuesday September 20, 2016 @03:16PM (#12542408)

I believe that the wage pressure moves in the other direction: most Silicon Valley firms prefer local engineers, but they're a limited resource. If you're paying $2000+ in rent, you're incentivized to seek unusually high wages -- and, as a local engineer in Silicon Valley, you're in a position to do so. Employers are competing for /you/.

(Of course, we shouldn't dismiss the less market-determined psychological factors at play: if you're an executive at a startup flooded with easy money in a culture that doesn't particularly value corporate fiscal responsibility, you may want to pay better-than-market for the pure gratification of doing so.)

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Re:What It Costs to Run Let's Encrypt by sidlls on Tuesday September 20, 2016 @03:22PM (#12542470)

Most startups, including funded startups, seem to pay significantly lower than established tech companies in this area. My anecdotal experience certainly fits that. The last time I was job searching the highest offer I got from a startup was $130k plus a hiring bonus and laughable equity with poor benefits, while the young company (IPO within the previous four years) I accepted an offer from came in at well over 20% more than that all-in.

I think startups undercompensate and more or less target lottery-equity chasers.

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