SpaceX hits $100B valuation after secondary share sale

Re:SpaceX hits $100B valuation after secondary share sale by tablespoon on Friday October 08, 2021 @01:31PM (#28801759)

People who want to go into "passion" careers are easily exploited. They'll put up with more shit because of their idealism/passion and there's usually more of them than there are jobs, so when they burn out they can be easily replaced.

I have no first hand knowledge of this, but my understanding is video game development is a good example of this: the pay and working conditions are far worse than similar software engineering roles in other industries, because so many video game enthusiasts want to grow up to make games.

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Re:SpaceX hits $100B valuation after secondary share sale by sangnoir on Friday October 08, 2021 @02:26PM (#28802435)

Game development, pilots, and non-profits. The majority of people who enter those industries are self-selected and are passionate enough about their jobs that they will put up with a lot of abuse.

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Re:SpaceX hits $100B valuation after secondary share sale by AtlasBarfed on Friday October 08, 2021 @07:15PM (#28805218)

Unless you are an executive on a nonprofit, then it is of paramount importance that you are paid handsomely because otherwise your irreplaceable leadership skills won't be retained.

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Re:SpaceX hits $100B valuation after secondary share sale by HWR_14 on Friday October 08, 2021 @11:55PM (#28806915)

Executives at non-profits tend to be pretty underpaid compared to similar executives at similarly sized for-profits. It just sounds outrageous because executive pay is just that high.

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Re:SpaceX hits $100B valuation after secondary share sale by panick21 on Friday October 08, 2021 @03:43PM (#28803321)

Is it exploitation when those people choice themselves where to go AND the same people know they had other options. Its not like SpaceX couldn't get job anywhere else.

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