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Re:Joint Statement by the Department of the Treasury, Federa... by bart_spoon on Sunday March 12, 2023 @07:34PM (#35128178)
How many startup employees do you believe are making 300k? That’s FAANG, big-tech companies that were in no way affected by SVB going under. If anything, startups are known for paying below market rate because they have tighter margins and compensate with the tenuous promise that more money might be made in the form of stock options if the company makes it big, which usually doesn’t pan out.

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