Ask HN: Does the contract rate rule of thumb still apply?

Re:Ask HN: Does the contract rate rule of thumb still apply? by client4 on Tuesday September 17, 2019 @01:09PM (#20997525)

I've always gone with the maxim, a product shouldn't be priced at what it's worth, it should be priced at what people will pay for it. In development this is best seen in Fortran salaries.

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Re:Ask HN: Does the contract rate rule of thumb still apply? by jolmg on Tuesday September 17, 2019 @03:24PM (#20999091)

> product shouldn't be priced at what it's worth

I think you mean "at what it costs". At least, I've always understood "worth" to be defined as what people are willing to pay for it. "Cost" is what refers to the amount of work that it took to make it or otherwise obtain it.

So, what you probably meant to say is that a product shouldn't be priced at what it costs, it should be priced at what it's worth.

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Re:Ask HN: Does the contract rate rule of thumb still apply? by joshmn on Tuesday September 17, 2019 @01:13PM (#20997572)

You should hear about the COBOL guys.

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