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Re:GitLab Made $10.5M in Revenue with Every Employee Working... by TulliusCicero on Tuesday November 13, 2018 @01:57PM (#18443699)
> Value tends to scale with scarcity, economics 101.

By this reasoning, you'd expect to find the most "valuable" baseball players in areas devoid of professional baseball teams.

Something tells me you didn't completely think this through.

Gitlab is willing to pay high salaries for people living in expensive areas for essentially the same reason Google's dev offices are mostly located in expensive areas.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by randomdata on Tuesday November 13, 2018 @11:54PM (#18447605)
> By this reasoning, you'd expect to find the most "valuable" baseball players in areas devoid of professional baseball teams.

Why? Scarcity is dependent on demand. Something that absolutely nobody wants will never be scarce, even if the quantities of said thing are small in absolute numbers.

If there is no professional baseball team, presumably nobody needs a professional baseball player, and thus professional baseball players won't be scarce at all, but rather infinitely abundant and pay will reflect that by trending towards zero.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by richardwhiuk on Tuesday November 13, 2018 @02:33PM (#18444077)
Baseball players move to where there are teams.
Re:GitLab Made $10.5M in Revenue with Every Employee Working... by TulliusCicero on Tuesday November 13, 2018 @02:40PM (#18444154)
And programmers tend to move where there are tech companies.
Re:GitLab Made $10.5M in Revenue with Every Employee Working... by richardwhiuk on Tuesday November 13, 2018 @02:51PM (#18444258)
Less so. If you want to play in MLB (and you do, because that's where any of the money is) then you have to move to where there's an MLB stadium - the team isn't going to move to you.

Whereas, there are many more software companies that pay roughly the same wages all of the world, and companies offer remote work, which will reduce the differentiation - but not eliminate it.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by TulliusCicero on Tuesday November 13, 2018 @03:15PM (#18444478)
That's why I said "tend to move", yes.

> there are many more software companies that pay roughly the same wages all of the world

The jobs with the really high salaries (and arguably the most exciting coding jobs) are disproportionately located in a handful of major tech hubs.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by ghaff on Tuesday November 13, 2018 @03:14PM (#18444473)
>there are many more software companies that pay roughly the same wages all of the world

I question whether there are many companies that, aside from executives or other high value employees, pay similar salaries around the world. I imagine at least some pay comparable salaries across the US--or at least salaries that don't completely follow CoL--but pay Indian or Chinese developers what they pay Bay Area ones? That seems unlikely at any scale.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by wolco on Tuesday November 13, 2018 @04:19PM (#18445007)
Most players drafted are not from big cities with professional teams. Most are from smaller farming communities, poorer countries, etc. The reason is big city kids have better options with higher success rate compared to more rural kids.
Re:GitLab Made $10.5M in Revenue with Every Employee Working... by flamedoge on Tuesday November 13, 2018 @03:04PM (#18444384)
Programming is unique in that you don't have to be physically located in same place as others to do work. It's no brainer why GitLab is targeting this "hidden" talent pool.
Re:GitLab Made $10.5M in Revenue with Every Employee Working... by gaius on Tuesday November 13, 2018 @04:28PM (#18445075)
Yes and no. I’ve had the opportunity to try some state of the art telepresence/teleconferencing kit. Stuff that they visit your office before they decide if they’ll sell it to you and then do a custom fit-out of a suite. Imagine the swankiest private cinema, x10, and another one on the far side.

It doesn’t hold a candle to a bunch of guys in a room at a physical whiteboard, for the sheer collaboration bandwidth. Fully-remote has its use cases, but it doesn’t cover all use cases.

Re:GitLab Made $10.5M in Revenue with Every Employee Working... by skeptic_69 on Wednesday November 14, 2018 @05:37PM (#18454851)
I agree.