Re:Three Paths in the Tech Industry: Founder, Executive, or ...
by alien_at_work on Friday September 29, 2017 @09:13AM
(#15364915)
Just because someone is paid a lot doesn't mean they're not under-compensated. Remember the sports team strikes? They were making lots of money before but they felt they weren't getting enough of the value they created so they did a strike and proved it.
Wages are (very purposely) not an efficient market so a group making more than most doing the same kind of work does not mean said group is overcompensated. It could be that the entire group is under-compensated, some of them just less so.
Re:Three Paths in the Tech Industry: Founder, Executive, or ...
by Philomath on Friday September 29, 2017 @01:33AM
(#15362959)
I think he is thinking in terms of shares of the company, not salary. Salaries in the Bay are obviously higher than anywhere else, but what people want is to become millionaires when the company they work for sells to a bigger company.
Re:Three Paths in the Tech Industry: Founder, Executive, or ...
by madeofpalk on Friday September 29, 2017 @03:23AM
(#15363413)
Doesn't everyone want to become millionaires though?
Seriously, discussions like this just show how out of touch sometimes this crowd is like.
Re:Three Paths in the Tech Industry: Founder, Executive, or ...
by sidlls on Thursday September 28, 2017 @08:01PM
(#15361777)
Relative to the value we add? Absolutely. The under-compensation is even worse elsewhere.
This is possibly the most HN thing I've ever read. Bay Area developers are under-compensated?